Bitcoin ETFs Return to Inflows, Ethereum Funds Bleed $114M in a Week
- —Bitcoin ETFs drew about $83 million for the week, down from $2.39 billion a week earlier
- —Ethereum ETFs lost roughly $114 million, their second weekly outflow in three weeks
- —Cumulative ETH ETF inflows fell from $13.94 billion to $13.80 billion
- —May saw $2.43 billion leave BTC funds, followed by $4.5 billion in June
Why it matters: Bitcoin ETFs flipping positive for the year supports BTC, but weak demand for Ethereum funds signals fragile institutional appetite for altcoins.
Source: CryptoPotato