Bitcoin ETFs Lose $71M Amid Tariff Fears, Ether Gains $6.42M
1min read Bitcoin ETFs witnessed a substantial outflow of $71 million at the beginning of the week, continuing the trend of losses from the previous Friday. This outflow is attributed to escalating concerns over the potential impact of U.S. trade tariffs on global economic growth. In contrast, ether ETFs experienced a modest inflow of $6.42 million, signaling a shift in investor sentiment towards ether-based products. The contrasting flows between bitcoin and ether ETFs underscore the differing perceptions of risk and opportunity within the crypto market. Investors may be seeking safer havens or alternative investments in response to economic uncertainties, resulting in the outflow from bitcoin ETFs and the inflow into ether ETFs. This trend indicates that while bitcoin maintains its dominance in the crypto space, ether is emerging as a viable alternative for investors aiming to diversify their portfolios. The interplay between these two major cryptocurrencies will continue to be influenced by broader economic factors and regulatory developments, shaping the future landscape of digital asset investments.
Ask Aime: Why are Bitcoin ETFs losing money, but Ether ETFs are gaining?
