Bitcoin ETFs Fall Out of Favor for Four Consecutive Days
The spot exchange-traded funds (ETFs) tracking Bitcoin have turned red again, recording net outflows for four of the past five trading days. Only one day saw more inflows than outflows.
Although Ethereum ETFs broke a five-week green streak, their withdrawals were significantly less severe compared to those of their Bitcoin counterparts.
The market capitalization of all cryptocurrencies stands at $2.24 trillion, with the 24-hour spot volume reaching $10.24 billion. The Ethereum gas price is currently at 0.05 Gwei.