The US cryptocurrency ETF market displayed divergent trends today, with Ethereum funds attracting substantial investments while Bitcoin products continued experiencing outflows. Farside Investors reported Ethereum spot ETFs recorded a net inflow of $332.2 million during the session, demonstrating strong investor demand for Ethereum exposure.
Meanwhile, Bitcoin spot ETFs saw an opposing movement with net outflows totaling $85.8 million. This marks the third consecutive trading session of withdraws from Bitcoin-focused funds, establishing a clear pattern of investor rotation.
The significant $418 million gap between Ethereum inflows and Bitcoin outflows signals shifting market preferences. These flows highlight a notable pivot toward Ethereum-based assets within the cryptocurrency ETF landscape, reflecting evolving institutional sentiment.