The contrast between Bitcoin and Ethereum ETFs
⚡ Bitcoin ETFs recorded an inflow of USD 124.1 million this Monday, taking advantage of the drop in the price of Bitcoin to USD 66,000.
🥇 BlackRock's IBIT ETF stood out with an impressive inflow of $205.6 million, marking the largest inflow since July 22.
📉 For their part, Ethereum ETFs continue to register capital outflows that exceeded USD 98.3 million this Monday.
⬇️ The outflows were primarily led by Grayscale's ETHE ETF, which recorded a $210 million outflow. This brought its total outflows to $1.7 billion.
🔥 As of today, total net outflows from Ethereum ETFs increased to $440.1 million reflecting a contrast in investor sentiment towards Bitcoin and Ethereum ETFs.