Recent data reveals a stark divergence in investor interest between Bitcoin and Ethereum exchange-traded funds (ETFs), with Ethereum ETFs attracting significantly higher net inflows compared to their Bitcoin counterparts yesterday.
Bitcoin ETFs recorded substantial net inflows of $130.8 million, marking continued positive momentum for the asset class.
However, this figure was notably eclipsed by Ethereum ETF activity, which saw a major influx of $452.8 million in net new capital on the same day.
This substantial difference in net inflows, exceeding a threefold gap in favor of Ethereum products, underscores a potentially shifting preference or heightened appetite among institutional and large investors towards Ethereum-based investment vehicles at the current time.
The contrast highlights distinctively different trends within the cryptocurrency ETF landscape.