ETH ETFs are pulling ahead of BTC ETFs on institutional…
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ETH ETFs are pulling ahead of BTC ETFs on institutional money right now
BTC ETFs are still down about $4.84B net this year, even though it's improved a bit lately. Meanwhile ETH ETFs have actually been getting more institutional inflow than BTC over the past while. Also whales (10-10k BTC wallets) have sold around 70k BTC since late April, but retail's been buying the dips instead.
It's kind of an interesting mix of signals happening all at once tbh.
#cryptocurrency
BTC ETFs are still down about $4.84B net this year, even though it's improved a bit lately. Meanwhile ETH ETFs have actually been getting more institutional inflow than BTC over the past while. Also whales (10-10k BTC wallets) have sold around 70k BTC since late April, but retail's been buying the dips instead.
It's kind of an interesting mix of signals happening all at once tbh.
#cryptocurrency
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