$BTC
Bitcoin ETF is crazily attracting funds!
Ethereum ETF is, however, wildly offloading tokens?
According to Lookonchain's monitoring, today the U.S. Bitcoin ETF and Ethereum ETF show completely different capital flows. 10 U.S. Bitcoin ETFs are like 'money-sucking beasts', with a net inflow of 2864 BTC. Among them, BlackRock is leading with an inflow of 2272 BTC; currently, BlackRock holds 671795 BTC, equivalent to a value of 71.74 billion USD!
However, 9 Ethereum ETFs are 'spitting out tokens', with a net outflow of 3748 ETH. Fidelity had the largest outflow, with 3496 ETH; currently, Fidelity still has 465263 ETH, valued at 1.22 billion USD.
The Bitcoin ETF is surging ahead, does this mean institutional investors are more optimistic about Bitcoin's future potential? The net outflow of Ethereum ETFs, does it indicate that people's confidence in Ethereum has wavered? What investment secrets are hidden between this rise and fall? Feel free to share your thoughts in the comments!
