Bitcoin & Ethereum ETFs Experience Heavy Outflows as Altcoins Surge

Last week saw substantial outflows from Bitcoin and Ethereum-focused exchange-traded funds (ETFs), indicating a shift in investor sentiment. Bitcoin’s ETF outflows totaled $1.11 billion, while Ethereum lost $728.57 million. In contrast, Solana and XRP experienced contrasting trends with inflows of $46.34 million and $243.5 million respectively. These movements highlight a growing interest in alternative crypto projects.