Spot Bitcoin ETFs recorded net inflows of approximately $199.4 million yesterday, while spot Ethereum ETFs saw net outflows of $131.2 million, reflecting diverging investor sentiment between the two largest cryptocurrencies.
The Bitcoin inflows contrast sharply with concurrent $90.2 million in outflows from spot BTC-ETF products, indicating mixed institutional positioning despite the headline inflow figure. Ethereum ETFs experienced sustained redemption pressure, with net outflows of $138.2 million recorded in the same period, suggesting investors are rotating capital away from the second-largest digital asset.
The divergence underscores renewed institutional interest in Bitcoin relative to Ethereum, potentially driven by macroeconomic factors or relative valuation dynamics. ETF flow data has become a key indicator of institutional appetite for cryptocurrency exposure, with sustained inflows typically preceding price appreciation.