Bitcoin ETFs see $679M weekly outflow as Ethereum ETFs lose $542M
- —Bitcoin ETFs shed $679M for the week; Ethereum ETFs lost $542M
- —BTC fell 3.2% weekly, ETH 7.0%; median large-cap altcoin decline was 3.7%
- —Bitcoin dominance climbed to about 59.5%
- —Wintermute says risk-reward now favors major assets over altcoins
Why it matters: ETF outflows and rising BTC dominance point to a flight to quality, with capital rotating out of altcoins into bitcoin.
Source: TokenPost