Bitcoin ETF net outflows exceeded 200 million, while Ethereum ETF saw net inflows—are funds seeking safety or repositioning?

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According to SoSoValue data, as of July 23, US Eastern Time, total net outflows from Bitcoin spot ETFs were $225 million. The Bitcoin spot ETF with the highest single-day net inflow yesterday was the Morgan Stanley ETF MSBT, with a single-day net inflow of $5.0108 million. Total net inflows for Ethereum spot ETFs were $26.3199 million. The Ethereum spot ETF with the highest single-day net inflow yesterday was Fidelity ETF FETH, with a single-day net inflow of $14.9280 million.
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