The stability of the Bitcoin ETF while the Ethereum fund bleeds! What's next?
The article discusses the performance of Bitcoin and Ethereum exchange-traded funds (ETFs):
• Bitcoin ETFs: Since their launch, they have recorded total inflows of $81.039 billion, with net inflows of $35.475 billion. Recent daily data indicates a significant stabilization.
• Ethereum ETFs: Their total inflows reached $10.751 billion, with net inflows of $2.262 billion. However, they have experienced significant losses over the past 12 consecutive weeks, indicating a downward trend.
On the other hand, Ethereum exchange-traded funds recorded a total inflow of $10,751 million with a net inflow of +$2,262.2 million.
As of today, assets under management amount to +$106.14 billion. When broken down, Bitcoin's contribution is +$97.91 billion, while Ethereum has a contribution of only +$8.23 billion.
This disparity between the two currencies reflects differing investor confidence and raises questions about the future of these funds