Bitcoin and Ethereum ETF Flows: Bitcoin Sees Net Inflow of $44.32 Million, Ethereum Experiences Net Outflow of $3.72 Million
Publication Time:2024-09-12 03:21:06
A report by Golden Finance points out that, based on the real-time monitoring data from Lookonchain, Bitcoin exchange-traded funds (ETFs) showed positive signs of capital inflow over the past day, with a value of $44.32 million. This suggests that investors' confidence in the cryptocurrency market has grown, especially with an optimistic outlook towards Bitcoin, the market leader. In contrast, Ethereum-related ETFs experienced relatively negative market performance, with an outflow of $3.72 million. This might indicate market participants' concerns about the uncertainty surrounding Ethereum's current or future developments.
Ethereum ETF
Bitcoin ETF
Capital Flow