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Bitcoin ETFs in the Green Again, But Ethereum Still Bleeding Funds

  • Spot Bitcoin ETFs recorded inflows every trading day for the past week, while Ethereum ETFs continued seeing outflows.
  • Bitcoin ETFs collectively saw almost $745 million in positive flows from March 17 to 21, with BlackRock’s IBIT recording the highest deposits.
  • Ethereum ETFs experienced outflows totaling $102.9 million during the week, with investors withdrawing at least $760 million on a monthly basis.
  • Whales bought 470,000 ETH last week, indicating a potential turning point for Ethereum despite the ongoing ETF outflows.

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