Hey there! Quick update on some recent crypto market movements. On Christmas Eve, there was a tug-of-war going on between two popular digital assets – bitcoin and ether. While nine spot ether ETFs saw inflows of $53.54 million, the 12 spot bitcoin exchange-traded funds (ETFs) suffered outflows totaling $338.38 million.
This was the fourth consecutive day of losses for the spot bitcoin ETFs. So, it seems like investors were moving their money away from bitcoin and towards ether during this period. Keep an eye on these trends if you’re interested in getting involved in the cryptocurrency market!
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The post Bitcoin & Ethereum ETFs: Spot BTC ETFs Lose $338M, Spot ETH ETFs Gain $53M on Christmas Eve appeared first on CoinBuzzFeed.