PANews August 25 news, according to the latest report from Matrixport, the crypto market is witnessing a capital rotation from Bitcoin ETFs to Ethereum ETFs. Over the past six weeks, Ethereum products have consistently dominated capital flows, while Bitcoin ETFs have entered a phase of weakness, with a net outflow for six consecutive days last week. In contrast, Ethereum ETFs have continued to see net inflows, further solidifying their market leadership.

Institutional investors in Ethereum and their well-known backers are continuously attracting new capital and media attention, injecting new momentum into the market. Despite Federal Reserve Chair Powell signaling a dovish stance last week, Bitcoin's performance remains lackluster, and the impact of capital rotation is quite significant. In addition to crypto market participants, some Wall Street investors are also beginning to show greater interest in Ethereum's performance.