Bitcoin ETFs See $463M Weekly Outflow, Ethereum ETFs Attract $197M
- —Outflow from bitcoin ETFs totaled $463 million for the week
- —The inflow streak had lasted three consecutive weeks
- —Ethereum ETFs attracted $197 million over the same period
Why it matters: The reversal in bitcoin ETF flows could add pressure on the BTC price, while inflows into ETH ETFs signal a shift in investor preferences.
Source: Coinfomania