The recent data shows a clear performance difference between Bitcoin and Ethereum ETFs. Ethereum ETFs have experienced a net outflow of 189,200 ETH, while Bitcoin ETFs have seen a net inflow of 305,000 BTC. This indicates growing institutional interest in Bitcoin and waning interest in Ethereum. The outflow of Ethereum and decline in transaction volume suggests that institutions are losing confidence in Ethereum, possibly due to factors such as the switch to proof of stake and the complexity of the ecosystem. In contrast, conservative institutions are drawn to Bitcoin due to its established status. Ethereum needs to address these issues if it wants to rebuild market strength and institutional confidence, as the gap in ETF flows widens.



Other News from Today