Bitcoin ETFs Surge Amidst Altcoin Slump: Market Liquidity Booms

A surge in Bitcoin ETF inflows has dominated the cryptocurrency market this week, while Ethereum ETFs have seen significant outflows as geopolitical tensions and investor hesitancy continue to weigh on altcoins. According to Bitget, $524 million flowed into Bitcoin ETFs last week, marking a substantial return for institutional investors after a period of capital flight. Ethereum ETFs experienced an outflow of nearly $107 million during the same period. Analysts suggest that this trend reflects a renewed focus on Bitcoin’s perceived safe-haven status and a desire to capitalize on its role as a store of value, contrasting with Ethereum’s use for utility purposes.