The recent performance of cryptocurrency exchange-traded funds (ETFs) highlights a notable divergence between Ethereum and Bitcoin. On November 18th, spot Bitcoin ETFs experienced significant success, drawing in a remarkable $254.82 million in positive inflows.
In stark contrast, Ethereum ETFs struggled significantly. Over the same period, nine spot Ether ETFs collectively recorded a $39 million outflow, indicating investor preference towards Bitcoin ETFs over Ethereum.
This event underscores the growing popularity and appeal of Bitcoin ETFs among investors, as they evidently attracted more attention and capital compared to Ethereum ETFs, which have seen a downturn in trading activity.
