Ethereum Spot ETF Sees $332.2 Million Inflow as Bitcoin Spot ETF Faces Third Day of Outflows
Main Idea
The US Ethereum spot ETF saw a significant net inflow of $332.2 million, while the Bitcoin spot ETF experienced a net outflow of $85.8 million, reflecting shifting investor preferences in the cryptocurrency ETF market.
Key Points
1. On July 24, Farside Investors reported a $332.2 million net inflow into the US Ethereum spot ETF.
2. The US Bitcoin spot ETF recorded a net outflow of $85.8 million on the same day.
3. This marks the third consecutive outflow for the Bitcoin spot ETF.
4. The data highlights a shift in investor preference toward Ethereum-based assets in the cryptocurrency ETF market.
Description
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$BTC
$117450.9
+1.93%
$ETH
$3756.55
+2.53%
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