Bitcoin ETFs saw $119 million in net inflows yesterday despite Bitcoin falling in price.
That’s a pretty interesting sign of demand considering BTC has just been rejected from the $87K area and is now trading around $84K.
Ethereum ETFs, meanwhile, have now recorded six consecutive sessions of outflows, with total outflows reaching $408 million.
The divergence between BTC and ETH ETF flows is becoming pretty noticeable.
Institutional demand is clearly holding up better for Bitcoin right now.
$BTC
$ETH
That’s a pretty interesting sign of demand considering BTC has just been rejected from the $87K area and is now trading around $84K.
Ethereum ETFs, meanwhile, have now recorded six consecutive sessions of outflows, with total outflows reaching $408 million.
The divergence between BTC and ETH ETF flows is becoming pretty noticeable.
Institutional demand is clearly holding up better for Bitcoin right now.
$BTC
$ETH
