CandleFocus

Bitcoin ETFs See $204.7M Inflows While Ethereum ETFs Record $9.69M Outflows

In summary, the Bitcoin ETFs have experienced a significant inflow of $207 million, indicating growing interest and confidence among investors. On the other hand, the Ethereum market has seen outflows of $9.69 million, suggesting a shift in investor sentiment away from Ethereum. Fidelity's Bitcoin fund saw a large inflow of 1,639 BTC, while Grayscale's Ethereum Trust had an outflow of 3,711 ETH. These contrasting trends in the two cryptocurrencies reflect the current behavior and perception of investors in the market.

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