Bitcoin Funds Keep Buying as Ethereum ETFs Snap Inflow Streak

Ethereum ETFs have snapped their seven-day inflow streak as Bitcoin funds continue to buy in, according to recent data. This is a stark contrast to Ethereum's own fund flows, which have been trending upwards over the past few weeks.

The figures show that Bitcoin-focused exchange-traded funds (ETFs) are still actively buying into the market, with inflows reaching $8.6 million in the last week alone. In contrast, Ethereum ETFs saw outflows of $4.3 million during the same period.

This shift in investor sentiment comes as no surprise to industry experts, who attribute it to the recent price volatility in the Ethereum market. As a result, Bitcoin funds are continuing to capitalize on the dip, driving up demand for BTC and pushing prices higher.