Bitcoin ETFs draw $154.39 million, Ethereum ETFs see $71.75 million outflow
- —Bitcoin ETFs: +$154.39 million for the day, +1,955 BTC
- —Ethereum ETFs: -$71.75 million for the day, -28,356 ETH
- —Weekly bitcoin ETF flow: -6,715 BTC
- —Weekly Ethereum ETF flow: -42,976 ETH
Why it matters: The divergence in flows shows institutions prefer bitcoin over Ethereum, pressuring ETH.
Source: Coinfomania