Recent weeks have seen significant shifts in ETF trends for Bitcoin and Ethereum. Bitcoin's inflow streak has ended, while Ethereum reversed its outflow pattern to inflows.
Shift in ETF Trends
Spot On Chain has reported a shift in ETF trends for Bitcoin and Ethereum. Bitcoin's ETF inflows stopped after a 10-day streak, despite recording a 7.5% price increase over the week. Meanwhile, Ethereum reversed its three-day outflow trend, indicating growing interest in the altcoin.
Investor Caution
Throughout the week ending March 28, net ETF flows for both Bitcoin and Ethereum remained flat. Spot On Chain noted this suggests investor caution despite price increases for both assets.
Ethereum Lags Behind
Ethereum did not match Bitcoin's success after its ETF approval in May 2024. Nevertheless, the shift to positive inflows may restore investor confidence and prompt short-term value growth.
The shifts in ETF trends for Bitcoin and Ethereum may indicate investor caution amid market uncertainty. However, the return to positive flows for Ethereum may signal a potential short-term bullish outlook.
