Ethereum Investment Flows Surge While Bitcoin Faces Outflows

Recent investment trends in the cryptocurrency market reveal a notable shift towards Ethereum, with inflows exceeding $286 million last week. This surge was driven largely by U.S.-based spot ETFs, contributing about $285.8 million to the total inflow of approximately $10.9 billion. In contrast, Bitcoin witnessed outflows totaling $8 million, marking a break after six consecutive weeks of net inflows. These withdrawals from U.S. spot Bitcoin ETFs ended BlackRock’s record-setting 34-day influx streak, which contributed $9.4 billion to the market.