Bitcoin spot ETFs attracted net inflows of $402 million on October 25, with BlackRock's iShares Bitcoin Trust leading with $292 million.
Ethereum spot ETFs experienced a net outflow of $19.156 million, indicating a waning investor interest in Ethereum compared to Bitcoin.
The inflows into Bitcoin spot ETFs demonstrate increasing institutional interest in Bitcoin as a result of growing confidence in the asset class.
The acceptance of Bitcoin in traditional finance and the regulatory approval of Bitcoin spot ETFs are contributing factors to the influx of institutional investors.