๐Ÿšจ Clear divergence in ETF flows: Bitcoin declines, while Ethereum continues to rise!

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๐Ÿ“Š Flow details โ€“ July 21:

โ€“ Bitcoin Spot ETFs recorded $131.4M in outflows, ending a 12-day streak of positive flows

โ€“ In contrast, Ethereum Spot ETFs attracted $296.6M in inflows, marking their twelfth consecutive green day

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๐Ÿ“ฆ Market notes:

โ€“ The largest outflows came from ARKB and Grayscale GBTC

โ€“ ETH funds like Fidelity FETH and BlackRock ETHA led the inflows

โ€“ Investors are rebalancing towards Ethereum amid growing interest in staking and regulatory clarity following the GENIUS Act

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๐Ÿ’ก Why does it matter?

โ€“ Indicates an institutional shift towards Ethereum as a source of yield and flexible regulation

โ€“ Strengthens ETH's position as a comprehensive investment asset that combines performance and yield

โ€“ Paves the way for a new wave of financial products linked to Ethereum

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โ“Do you think this shift will trigger a new altcoin season?

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