Bitcoin ETFs Snap Nine-Day Inflow Streak as Ethereum Funds Extend Their Run
Bitcoin ETFs Snap Nine-Day Inflow Streak as Ethereum Funds Extend Their Run
After a nine-day streak of inflows, Bitcoin ETFs have hit a pause with $280,000 in withdrawals. Despite this, the total assets under management (AUM) for Bitcoin ETFs remain considerable.
Ethereum Continues to Attract Investments
On the other hand, Ethereum funds show consistent growth. With a $2.6 million inflow, Ethereum remains favored among investors. Notably, the Grayscale Ethereum Trust maintains its leading position in the Ethereum ETF market, demonstrating sustained investor trust and market success.
This article has been published in decrypt.co via Yahoo News.
Bitcoin ETFs Snap Nine-Day Inflow Streak as Ethereum Funds Extend Their Run
Spot Bitcoin ETFs shed $201.9 million on Aug. 28, ending a nine-day inflow run, even as Ethereum funds extended a 10-day streak with fresh cash.