Ethereum ETFs Outperform Bitcoin Funds in Weekly Capital Inflows
BlackRock's ETHA fund led Ethereum ETFs to surpass Bitcoin products.
1Weekly Performance of Crypto ETFs
While Bitcoin ETFs in the US recorded $75.67 million in net inflows, Ethereum ETFs showed stronger performance with $105.44 million. BlackRock's IBIT led among Bitcoin funds, while ETHA stood out in Ethereum products.
2Volatile Week for Bitcoin ETFs
Despite significant outflows on the first day, Bitcoin ETFs closed with net inflows thanks to positive movements in the following four trading days. Major funds like FBTC and GBTC saw notable outflows.
3The Rise of Ethereum ETFs
BlackRock's ETHA fund led Ethereum ETFs with $135.31 million in inflows, while FETH experienced the largest outflow of $21.56 million, becoming the week's worst performer in this category.
4Mixed Results for Altcoin ETFs
XRP and SOL-based ETFs showed positive performance, while HYPE-ETF suffered the largest outflow of $7.26 million. Other altcoin funds remained relatively stable with no significant movements.
5Stagnation in Hong Kong Market
No transactions were recorded in Hong Kong's crypto ETFs during the reporting week. This may reflect cautious investor sentiment in the regional market.
6Shifting Market Dynamics
Compared to the previous week, Bitcoin ETFs saw slower inflow rates while Ethereum ETFs gained momentum. This trend indicates changing investor preferences among digital assets.