US spot Bitcoin ETFs received $32.1 million in inflows, ending a four-day outflow streak, according to Cointelegraph. This development comes amid fluctuating conditions for US spot Ethereum ETFs, which have recently experienced outflows. This divergence between Bitcoin and Ethereum ETFs highlights varying levels of investor interest and market conditions affecting both cryptocurrency assets. Funds such as BlackRock’s IBIT and Fidelity’s FBTC have been pivotal in channeling institutional demand for Bitcoin since their launch in January 2024.
Source: Read the original article
