During the week following the US elections, spot Bitcoin ETFs enjoyed a positive period, with every trading day ending with net inflows of millions and even billions of dollars. In contrast, Ethereum ETFs ended the same period with outflows. Over $3 billion entered BTC ETFs, with BlackRock’s IBIT leading the inflows.
BTC’s price rose from around $90,000 to $99,825. Ethereum ETFs, on the other hand, suffered, with outflows on most days of the trading week. Despite this, ETH’s price increased by over 10% to sit above $3,400.
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