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

On June 6th, approximately 471.12 $BTC were sold and 10,490.00 $ETH were purchased. Bitcoin ETFs saw a net outflow of 47.82 million 16,026,865,600. In contrast, Ethereum ETFs experienced a net inflow of 25.22 million 16,026,865,600. (CoinTelegraph)

There are inflows into Ethereum ETFs. A significant portion of these inflows is occurring through BlackRock. These inflows have not yet had a clear impact on the $ETH price, but they could be reflected in the coming days.

While there are outflows from Bitcoin ETFs, the inflows seen in Ethereum ETFs could signal an altcoin bull market.

#Ethereum #Bitcoin #Bullish #Altcoins