Sales in Bitcoin ETFs continue, while purchases in Ethereum ETFs are ongoing.

On June 5th, approximately 2,660 units of $BTC were sold and 4,340 units of $ETH were purchased. A net outflow of 278.4 million was observed in BTC ETFs. A net inflow of 11.3 million dollars was recorded in ETH ETFs. (CoinTelegraph)

Could the increasing interest in Ethereum ETFs be a sign of an altcoin bull run? We have pointed out Ethereum's strong position. Any rises in $ETH will move all altcoins.

With the approval of the staking application in Ethereum ETFs, we might see $ETH move to $5000. The purchases made could indicate preparations for a rise...

#Ethereum #Bitcoin #Altcoins #Bullish #ETH