Bitcoin vs Ethereum ETFs: Net Outflow Continued Amid Market Shift

in telegramchannels •  25 days ago 

Bitcoin vs Ethereum ETFs: Analyzing Recent Net Outflow & Market Impact
As of January 13, Bitcoin vs Ethereum ETFs have seen notable fluctuations, with significant net outflows impacting the market. Spot ETFs, including the Spot Bitcoin ETF and Spot Ethereum ETF, have faced challenges in recent days, particularly between January 6 and January 10.
Ethereum ETFs Struggle with Outflows
On January 13, the Spot Ethereum ETF market recorded a total net outflow of $39.43 million, continuing a negative trend over the past four days. The Ethereum ETF BlackRock (ETHA), however, managed to secure a positive result, with a Spot Ethereum ETF inflow of $12.89 million. This surge in inflow helped cushion some of the broader market losses. In contrast, other prominent Ethereum ETFs experienced significant outflows, including Grayscale ETF (ETHE), with $14.49 million in outflows, and Grayscale (ETH), which saw $37.84 million in outflows.
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25 days ago by

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