Bitcoin and Ethereum ETF flows are telling two very different stories.

U.S. spot Bitcoin ETFs recorded preliminary net inflows of $301.2 million last week.

Ethereum ETFs went in the opposite direction, losing $220.7 million.

But the Bitcoin data needs some context. BTC funds attracted more than $1 billion during the first three trading days, then gave back $773.5 million over the final two trading days.

And these figures aren’t final, as inflow data for two funds was missing on Friday.

Even so, the contrast is worth noting. Bitcoin attracted more capital over the week as a whole, while ETH struggled to sustain institutional demand.