๐จ Clear divergence in ETF flows: Bitcoin declines, while Ethereum continues to rise!
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๐ 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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๐ฆ 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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๐ก 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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โDo you think this shift will trigger a new altcoin season?
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