Institutional Bitcoin Flows Surge: Ethereum Sees Outflows

Recent data indicates a significant increase in Bitcoin inflows attributed to major institutional players, notably from U.S.-based spot Bitcoin ETFs managed by firms like BlackRock, Grayscale, and VanEck. These shifts are reshaping the cryptocurrency landscape as investor sentiment towards Bitcoin becomes increasingly bullish. This influx has led to record-high Bitcoin activity with increased engagement on the platform as seen in active addresses hitting a new high. Meanwhile, Ethereum is experiencing outflows, raising concerns about investor confidence amid market uncertainty. This dynamic impacts the wider crypto industry, with institutional investors shifting their portfolios and driving changes in market behavior.