On August 5, US spot ETFs recorded significant movements: Bitcoin saw a net outflow of 1,710 BTC (valued at $196 million), while Ethereum ETFs experienced net inflows of 19,710 ETH ($73 million). BlackRock’s spot Ethereum ETF stood out, purchasing 23,870 ETH worth $88.8 million. These contrasting flows suggest shifting investor sentiment, with interest moving toward Ethereum even as Bitcoin faced withdrawals, highlighting the market’s focus on Ethereum amid ongoing crypto sector volatility.
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