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Yesterday, I was looking at the data and noticed a few interesting things. Bitcoin’s ETFs saw $291 million leave, while Ethereum has been recording inflows for three straight days. There’s quite a bit of activity in Bitcoin funds—Fidelity’s FBTC alone has pulled out $229 million. The past two days were good, but today, suddenly, it’s going the other way.
However, the story for Ethereum ETFs is different. Ongoing, consistent inflows are continuing, and so far the net flow has reached $11.68 billion. If you look at Bitcoin, it seems investors are becoming a bit cautious, but confidence in Ethereum is building. It will be interesting to see where this trend goes in the coming days.