ChatGPT said:

Ether ETFs recorded a record $7 billion in trading, attracting $338 million in inflows as Bitcoin continues to bleed

On Friday, Ether ETFs saw inflows of $338 million and trading volume reached a record $7 billion, bringing total assets to $30.54 billion. Fidelity’s FETH led with $117.9 million, followed by BlackRock’s ETHA ($109.37 million).

In contrast, Bitcoin ETFs experienced a sixth consecutive day of outflows, primarily due to BlackRock’s IBIT seeing a withdrawal of $198.8 million, although many other funds recorded inflows. Overall, Bitcoin ETFs are still down $23.15 million, despite trading volume reaching $5.74 billion.

This trend shows a clear divergence: Ether continues to surge while Bitcoin faces pressure from major fund outflows.