Bitcoin ETFs see $79M inflows led by BlackRock, while Ethereum ETFs face $28M outflows on July 16.
On July 16, U.S. spot Bitcoin ETFs attracted $79.15 million in net inflows, led by BlackRock's iShares Bitcoin Trust (IBIT) with $33.44 million. In contrast, spot Ethereum ETFs experienced $28.04 million in net outflows, though Bitwise's ETHW saw a $2.28 million inflow. This divergence highlights stronger institutional demand for Bitcoin compared to Ethereum amid ongoing market volatility. Investors will watch if Bitcoin ETF inflows signal a broader recovery after fluctuating demand in recent weeks.
On July 16, U.S. spot Bitcoin ETFs attracted $79.15 million in net inflows, led by BlackRock's iShares Bitcoin Trust (IBIT) with $33.44 million. In contrast, spot Ethereum ETFs experienced $28.04 million in net outflows, though Bitwise's ETHW saw a $2.28 million inflow. This divergence highlights stronger institutional demand for Bitcoin compared to Ethereum amid ongoing market volatility. Investors will watch if Bitcoin ETF inflows signal a broader recovery after fluctuating demand in recent weeks.
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