I just reviewed the movements of the cryptocurrency ETFs from yesterday and things are getting interesting. The spot Bitcoin ETF experienced a significant net outflow of around 87 million, with Fidelity and Grayscale showing selling pressure. Meanwhile, the Ethereum ETF maintains a positive flow of approximately 28 million, which contrasts quite a bit with what happened with Bitcoin.



The curious thing is that the Ethereum ETF continues to attract institutional capital when BTC is in the red. Fidelity is reducing Bitcoin positions, but it seems there is more confidence on the Ethereum side for now. Quite mixed signals from institutional money, honestly. The Ethereum ETF remains the leader in positive flows, while Bitcoin looks weaker. We’ll have to see if this continues or if it’s just a one-off movement.
BTC-1.07%
ETH-3.22%
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