Bitcoin ETFs Struggle While Ethereum ETFs Gain Traction Amid Market Shift

• Bitcoin ETFs have recorded $131 million in outflows over the past week, with Fidelity’s FBTC leading losses at $48.39 million.
• The Ethereum ETFs experienced $19 million of total inflows mainly through Fidelity’s FETH product.
• The Bitcoin market remains under $100,000 despite losing 5% in value during the last thirty days. At the same time, Ethereum has declined by 16% throughout this period.

Bitcoin exchange-traded funds are witnessing a slowdown in demand, reflected in consecutive days of outflows. Data shows that Bitcoin ETFs recorded net outflows of $71 million on February 19, following a $60 million exit the day before. Despite this pullback, market analysts suggest that the ongoing bull cycle remains intact unless outflows accelerate significantly.

Bitcoin ETF Outflows Reach $131 Million for the Week

According to SoSoValue, the latest wave of Bitcoin ETF outflows has increased the weekly total to $131 million. Fidelity’s FBTC saw the largest single-day outflow of $48.39 million, while Valkyrie’s BRRR and ARK 21Shares’ ARKB recorded $9.27 million and $8.65 million in outflows, respectively. BlackRock’s IBIT remained stable, registering no movement.

The previous week ended with a significant $585 million in outflows, raising concerns about a potential shift in investor sentiment. This recent downturn suggests that the post-election rally, driven by speculation around pro-crypto policies, may be losing steam.

Ethereum ETFs Register Rising Inflows

While Bitcoin ETF demand struggles, Ethereum ETFs are quietly gaining traction. The nine-spot Ether ETFs recorded net inflows of $19 million, marking a significant increase from previous days. Fidelity’s FETH maintained the lead position through its $24.47 million influx as investors withdrew $5.45 million from Grayscale’s ETHE.

Market conditions are evolving based on the divergent results between Bitcoin and Ethereum ETF performance. Various investors are changing their financial distribution because they predict upcoming market fluctuations in Ethereum.

Bitcoin faces a 5% monthly decline during the past thirty days resulting in its failure to return over $100,000. Bitcoin maintains a stable valuation point of $97,000 when markets close which represents a slight price rise within the last day.

Ethereum stands as the worst performer in the market with its values dropping by 16% during the past thirty days while losing 19% in the previous two months. In the recent week, ETH experienced a 2% price increase and maintains its position at approximately $2,700.

Market experts suggest that the ETF flows have cooled following the election-driven pump. Investors initially rushed to capitalize on bullish sentiment tied to Trump’s pro-crypto stance, but the market is now adjusting.

CryptoQuant CEO Ki Young Ju emphasized that the bull cycle remains intact as long as ETF demand stays net positive. However, prolonged outflows could signal the beginning of a bear cycle. Miles Deutscher also noted that investors may now be waiting for the next major catalyst to push prices higher.

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