Bitcoin spot exchange-traded funds (ETFs) recently faced significant net outflows totaling $210 million, highlighting ongoing turbulence in the cryptocurrency market.
Major Bitcoin ETFs, including GBTC, FBTC, and ARKB, were hit hardest, with withdrawals of $89.01 million, $113.6 million, and $92.36 million, respectively.
These movements have pushed the total net asset value (NAV) of Bitcoin spot ETFs to $108.981 billion.
In contrast, Ethereum spot ETFs demonstrated more stability, recording a modest net inflow of $1.15 million. The total NAV for Ethereum ETFs now stands at $11.398 billion, with cumulative historical inflows reaching $2.414 billion.
These diverging trends underscore shifting investor sentiment between Bitcoin and Ethereum as both navigate an uncertain regulatory and economic landscape.
While Bitcoin faces larger withdrawals, Ethereum’s steady inflows suggest a more stable outlook for funds tied to the second-largest cryptocurrency.
The crypto market is seeing a burst of activity, with several altcoins outperforming the broader market.
According to a new market update from Alphractal, altcoins have been outperforming Bitcoin in recent days—drawing liquidity away from the leading cryptocurrency and triggering key warning signals.
Entering any fast-paced financial market can be overwhelming for newcomers. The promise of high returns often tempts beginners to jump into risky opportunities without fully understanding the dynamics at play.
The crypto market is heating up as bullish momentum sweeps across altcoins, raising a critical question: is this rally sustainable, or is a correction looming?