Crypto
Bitcoin Spot ETFs Absorb 4x More Dollars than ETH Counterparts
US Bitcoin spot ETFs saw significant inflows on September 22, netting $715 million. This marks four consecutive days of inflow for these products. In contrast, Ethereum spot ETFs added $162 million and continued their net inflow trend.
The split between the two assets is notable, with Bitcoin spot ETFs absorbing about four times the dollars invested in Ethereum spot ETFs. This disparity is reflected in the market's bid, which remains heavily skewed towards Bitcoin-weighted products.