Bitcoin funds record modest gains for the fourth consecutive day, while Ethereum continues to incur losses.
Exchange-traded funds (ETFs) for Bitcoin recorded net positive flows of $5.10 million, achieving the fourth consecutive day of gains, primarily supported by BlackRock's IBIT fund.
In contrast, other funds experienced mixed performance, with Grayscale's GBTC fund leading the outflows with a loss of $32.93 million.
Meanwhile, Ethereum exchange-traded funds returned to a negative trend, recording net outflows of $17.6 million. Grayscale's ETHE fund suffered a loss of $9.61 million, while outflows of $7.98 million occurred from Fidelity's FETH.
Notably, none of the nine exchange-traded Ethereum funds recorded any inflows during this day.
