Ether Gains $216M Amid Bitcoin's Four-Day Outflow Streak
Bitcoin ETFs saw their fourth consecutive day of outflows, losing $13.29 million as the price of Bitcoin remained steady at around $77,000.
This comes in contrast to Ether ETFs, which attracted a significant $216.41 million in net inflows, marking their fourth straight week of gains led by BlackRock's ETHA fund.
The divergence highlights a rotation from Bitcoin to Ether among investors, influenced by steady inflation and cautious Federal Reserve signals.