Bitcoin ETFs See $143M in Outflows, Ethereum Experiences Major Inflow
In a turbulent turn of events, the U.S. spot Bitcoin ETF market has witnessed substantial net outflows, totaling $143.43 million on March 4. This shift is largely driven by increasing fears surrounding President Donald Trump’s controversial proposals regarding cryptocurrency reserves. Conversely, Ethereum ETFs have managed to capture significant interest, with inflows of $14.6 million, breaking an eight-day streak of outflows. The dynamic contrasting trends between Bitcoin and Ethereum ETFs highlight the volatility of investor sentiment in the current climate. Analysts continue to explore the underlying causes of these market movements as investors navigate uncertainty and seek stable opportunities in the crypto realm.