Investors allocated over $360 million in net inflows into US-based Spot Bitcoin ETFs, the highest levels in over two months.
The inflows into Spot Bitcoin ETFs have corresponded with a price increase for BTC, with the price surging from $59,300 to almost $66,000 in just over a week.
Spot Ethereum ETFs have not performed as well as Bitcoin ETFs, experiencing major withdrawals during the week when the US Fed cut interest rates.
Despite the outflows, Ethereum's price has gained over 14% on a weekly scale and now sits above $2,660.