📈📉 Large Inflows into Spot ETFs for BTC and ETH
In the week from February 3 to February 7, 2025, Bitcoin ETFs saw inflows of $203.8M, while Ethereum ETFs received $420.2M.
🟢 The Ethereum ETF recorded one of the largest net inflows in history, without a single day of outflows.
🟢 However, despite this, $ETH dropped by ~20% over the week.
Is this a signal for an imminent turnaround, or has the market not yet reached the bottom?
