Analyst: Bitcoin and Ethereum ETFs show divergent capital flows
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Odaily reports that BRN analyst Valentin Fournier analyzed that the inflow speed of Bitcoin and Ethereum ETFs has slowed down, but this is not necessarily bad news, as overall trading activity remains active, but the capital inflows of the two assets are showing a divergent trend, such as the previous day's Bitcoin ETF inflow was $118 million, while the Ethereum ETF outflow was $117 million. Although the inflow of funds has temporarily decreased, the sustained high trading volume indicates that market participation continues, rather than a decrease in interest. (Decrypt)
BTC
0.24%
ETH
0.13%
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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