Mixed Signals as ETFs Bleed Millions, Bitcoin & Ether Rise

Although the price of Bitcoin (BTC ~$114,012) and Ethereum (ETH ~$3,593) increased after last week's correction, institutional fund flows are actually negative. Ethereum ETFs recorded an outflow of $465 million—the highest in history—while Bitcoin ETFs also experienced an outflow of $333 million. This indicates that risk sentiment is still strengthening even though the spot market shows a rebound.

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