"Bitcoin spot ETFs recorded net inflows of $162.8 million, with Blackrock's IBIT leading the way at $136.6 million, showcasing strong institutional demand."
"Ether ETFs saw $82 million in outflows, primarily driven by Blackrock ETHA, indicating a notable decline in investor interest compared to Bitcoin."
"The week opened with hesitation and closed with conviction, as investors shifted from caution to selective risk-taking in the ETF market."
"Grayscale's GBTC faced pressure, shedding $73.6 million over the week, contrasting with the positive momentum seen in Bitcoin ETFs."
Bitcoin ETFs saw a strong week with net inflows of $162.8 million, primarily driven by Blackrock's IBIT. In contrast, Ether ETFs experienced outflows of $82 million, reflecting weaker demand. XRP and Solana also faced marginal outflows, indicating subdued market interest. The week began with cautious trading but ended with renewed risk-taking, highlighted by a $630 million inflow on Friday. Overall, Bitcoin ETFs have gained $2.8 billion over five consecutive weeks, while Grayscale's GBTC faced significant outflows.
Read at news.bitcoin.com
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