Ethereum Sees Surge as Bitcoin ETF Flows Plummet
Bitcoin ETF flows have taken a hit in recent days, with a net outflow of $458.93 million reported by Lookonchain as of September 14.
This is in stark contrast to Ethereum's ETF inflows, which reached $186.65 million over the same period.
The significant divergence in ETF flows highlights changing institutional sentiment in the cryptocurrency market, with institutions potentially reassessing their investment strategies.
Bitcoin's ETF outflows for the week totaled 5,892 BTC, valued at approximately $458.93 million, while Ethereum's inflows reached 31,407 ETH over the past week.