Bitcoin ETFs Lose $241M Amid Mixed Market Sentiment
Bitcoin ETFs have reported a significant outflow of $241.35 million over the past day, as institutional interest in the cryptocurrency market fluctuates.
The outflow amounts to 3,148 BTC and is notable against a backdrop of mixed signals in the broader cryptocurrency market.
While Bitcoin faced a sharp decline in ETF net flow, Ethereum ETFs reported a significant inflow of $17.91 million, with 7,522 ETH added over the past day.
This divergence suggests that while Bitcoin struggles, Ethereum may be gaining traction among investors looking for alternative opportunities.