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Bitcoin exchange-traded funds (ETFs) are on a roll, registering ten consecutive days of favorable inflows. The recent figures show that institutional investors still prefer BTC, which strengthens its leadership in the crypto space.
Strong Inflows for Bitcoin ETFs
Pacing the pack, Fidelity contributed a whopping $97 million to its FBTC fund, followed by BlackRock with just short of $4 million to IBIT. Those contributions eclipsed $12 million in outflows from funds such as BTCO and BTCW, making the net inflow $89 million.
Institutional support like this is a positive indicator for Bitcoin, which represents long-term belief in the asset despite market volatilityV
Ethereum ETFs Continue to See Outflows
Conversely, Ethereum ETFs remain on a downward slide. In the last 24 hours alone, ETH-based funds experienced $4 million worth of outflows, showing institutional investors’ change of heart.
Regardless of the hype around possible spot Ethereum ETF approval, investors remain skeptical about ETH versus BTC
Why Bitcoin is Winning the Institutional Race
A number of reasons underpin Bitcoin’s supremacy in the ETF market:
Regulatory Clarity – Bitcoin enjoys a more settled regulative environment than Ethereum.
Institutional Adoption – Large institutions feel safer placing their bets in BTC owing to its tried history.
Market Sentiment – The image of Bitcoin as “digital gold” is still fuelling its popularity as a long-term store of wealth.
As Bitcoin ETFs become popular and Ethereum fails to attract institutional capital, the crypto market dynamics are changing. Will ETH bounce back, or will BTC keep going solo?
Keep an eye on it as we follow the latest ETF trends that are shaping the future of digital assets.
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