Ether ETFs Pull $104M, Tripling Bitcoin’s Weekly Inflows

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Spot ether ETFs took in $103.8 million in the week ended July 24, roughly triple the $33.9 million that flowed into spot bitcoin funds, according to Farside Investors data. This marks the second consecutive week ether products have out-raised bitcoin, extending a rotation that began when both categories snapped eight-week outflow streaks earlier this month. The gap came down to BlackRock: its iShares Ethereum Trust (ETHA) absorbed $96.3 million over the five sessions, while the iShares Bitcoin Trust (IBIT) posted a $95.5 million net outflow. Ether trades at $1,936, up 1.1% over the past 24 hours, while bitcoin sits at $64,780.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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