📈 Bitcoin ETFs Record Green Days
- Last week, the crypto trend reversed in the US spot market. While Bitcoin ETFs experienced positive inflows, Ethereum ETFs struggled with outflows.
- According to CoinGlass data, Bitcoin ETFs recorded inflows on each trading day, while Ethereum ETFs continued to see outflows. However, the value of ETH rose by 10%, exceeding $2,000.
- Bitcoin also increased by 5%. Spot Bitcoin ETFs saw a positive inflow of $745 million. BlackRock's IBIT product received the highest investments.
- Meanwhile, Ethereum ETFs experienced a weekly outflow of $102.9 million. However, the price of ETH is supported by whales purchasing 470,000 ETH. 🐋
- Last week, the crypto trend reversed in the US spot market. While Bitcoin ETFs experienced positive inflows, Ethereum ETFs struggled with outflows.
- According to CoinGlass data, Bitcoin ETFs recorded inflows on each trading day, while Ethereum ETFs continued to see outflows. However, the value of ETH rose by 10%, exceeding $2,000.
- Bitcoin also increased by 5%. Spot Bitcoin ETFs saw a positive inflow of $745 million. BlackRock's IBIT product received the highest investments.
- Meanwhile, Ethereum ETFs experienced a weekly outflow of $102.9 million. However, the price of ETH is supported by whales purchasing 470,000 ETH. 🐋