Bitcoin ETFs Draw Record Inflows as Ether Demand Dives
Bitcoin ETFs have seen inflows of $3.1 billion over nine consecutive trading days, according to SoSoValue data reported by Cointelegraph.
The net inflow streak is a testament to sustained institutional demand for Bitcoin exposure, despite the cryptocurrency's price decline by 0.4% over the past 24 hours to around $83,567.
Ether funds, on the other hand, have seen a modest outflow of $2.81 million after seven days of inflows, worth approximately $850.8 million.
The reversal in Ethereum's ETF demand is a change from the previous week, which saw the largest net inflows since late August with $689.88 million.