Why Are Bitcoin ETFs Losing While Ethereum Thrives? 📉
In early October, the US witnessed considerable losses in spot Bitcoin ETFs, with prominent funds from BlackRock, Ark Invest, and Grayscale being notably affected during this downturn.
Despite the negative trends in Bitcoin ETFs, Fidelity's investment fund managed to successfully draw in investors, reflecting its resilience amidst market challenges.
Conversely, spot Ethereum ETFs experienced a surge in interest from investors, highlighting the growing enthusiasm and positive sentiment towards Ethereum over Bitcoin in the ETF market.
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