Ethereum ETFs Experience Record Outflows, Bitcoin ETFs Receive Inflows

Last week saw significant shifts in investor sentiment for Ethereum-based exchange-traded funds (ETFs), with spot ETH ETFs experiencing their largest weekly outflows ever at $787.7 million. Conversely, Bitcoin-based ETFs registered notable inflows of $246.4 million during the same period. This trend suggests a growing preference for Bitcoin among investors and raises questions about Ethereum’s future in the crypto market.