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BTC ETFs See Consistent Inflows, ETH ETFs Bear Outflows

From fxdailyreport.com

The crypto spot ETF sector witnessed divergent flows among the Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds. As per the data from Spot On Chain, Bitcoin ETFs saw $744.3M in net inflows while Ethereum ETFs recorded $102.9M in net outflows between 17 and 21 March. In this respect, Bitcoin ETFs see a continuous bullish momentum while Ethereum ETFs face a bearish sentiment among the investors. Spot On Chain’s data points out that the Bitcoin ETFs have seen net inflows for Six consecutive days. In this respect, the cumulative inflows of these exchange-traded funds reached a staggering $785.6M. Particularly, the ... (full story)

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  • Category: Fundamental Analysis