Bitcoin exchange-traded funds (ETFs) have seen significant outflows of 4,255 BTC worth $254.17 million, according to data from Lookonchain. In contrast, Ethereum ETFs have experienced slight inflows of 2,533 ETH worth $6.77 million. Grayscale’s Bitcoin ETF, GBTC, accounts for the majority of the outflows, with 3,090 BTC leaving their holdings. On the other hand, iShares, a leading ETF provider, has seen inflows of 7,576 ETH. This shift in investor sentiment between Bitcoin and Ethereum ETFs suggests a potential change in the market dynamics. However, given the volatile nature of the crypto market, these movements may be short-term and subject to change.
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Bitcoin ETFs See $254M+ Outflows While Ethereum ETFs Record Slight Inflows
