Bitcoin Spot ETF Outflows Reach $123M While Ethereum Sees $40.67M Inflows

Bitcoin Spot ETFs experienced $123 million in outflows on Novembr 26, while Ethereum Spot ETFs recorded $40.67 million in inflows on the same day. These trends underscore shifting investor sentiment in the crypto ETF market, highlighting the ongoing volatility in the space.

Bitcoin Spot ETF Outflows Reflect Market Volatility

On November 26, Bitcoin Spot ETFs saw a sharp net outflow of $123 million, reversing the previous five days of inflows. This outflow could indicate a change in market sentiment, possibly influenced by broader macroeconomic factors or as a result of profit-taking after Bitcoin's recent surge. Despite this, Bitcoin ETFs remain strong, with major firms like BlackRock continuing to promote deeper ETF involvement. As of now, the net asset value (NAV) of Bitcoin Spot ETFs is $102.23 billion, demonstrating resilience despite market fluctuations.

Ethereum Spot ETF Inflows Continue to Surge

Meanwhile, Ethereum Spot ETFs saw $40.67 million in inflows on November 26, indicating growing confidence in Ethereum’s technological advancements, particularly within decentralized finance (DeFi). Ethereum's Spot ETFs now hold a net asset value of $10.277 billion, reflecting steady growth despite the fluctuations in the Bitcoin market.

Key Points:

• Bitcoin Spot ETFs experienced significant outflows of $123 million on November 26.

• Ethereum Spot ETFs saw a positive influx of $40.67 million during the same period.

• Bitcoin Spot ETFs remain resilient with a NAV of $102.23 billion.

• Ethereum Spot ETFs maintain stability, reflecting investor trust in its growth and DeFi acceptance.

These contrasting trends highlight shifting preferences among investors, with Bitcoin and Ethereum both showing strong potential despite market volatility.