Bitcoin ETF Inflows Plummet, Ethereum Sees Reversal

Bitcoin ETFs saw a significant drop in inflows last week, with a total of $82.9 million in net inflows. This is a sharp decline from the previous week's $2.39 billion. Despite this, Bitcoin's overall weekly intake is still relatively high.

Ethereum ETFs, on the other hand, experienced a reversal of fortune, with $118 million in net outflows. This is a stark contrast to the previous week, when Ethereum ETFs saw $689.8 million in inflows. Every session in the previous week had ended positive, but last week saw withdrawals throughout.

Solana ETFs recorded $800,000 in net inflows, a significant drop from the previous week's $188.1 million. The Hyperliquid ETFs saw a modest $3.4 million in net inflows, while Zcash's tracked fund lost $77.6 million. Fidelity's FETH accounted for $74.1 million in weekly net outflows, and Grayscale's ETHE lost $27.9 million.