Bitcoin ETFs Boom Amidst Ethereum ETF Outflows

A new wave of investment is sweeping the crypto market, with Bitcoin exchange-traded funds (ETFs) attracting a significant $446 million in net inflows this week. In contrast, Ethereum ETFs saw a remarkable $244 million in outflows. These trends suggest a growing preference for Bitcoin, potentially reflecting institutional investors’ perception of stability within the volatile crypto landscape. Analysts attribute this shift to Bitcoin’s resilience amidst market uncertainty and regulatory clarity in certain regions.