Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
#ETH Ethereum ETF has attracted capital for 14 consecutive days, with a net inflow of $332 million.
The Ethereum ETF has recently continued to strengthen, gaining net inflows of funds for 14 consecutive trading days, with a total amount reaching $332 million. In contrast, the Bitcoin ETF has seen fund outflows for the third consecutive day, amounting to as much as $86 million.
Ethereum is gaining momentum, while Bitcoin is temporarily cooling off.
In the past 14 days, Ethereum-related ETFs have attracted new investment funds daily. During this period, approximately $332 million has flowed in, while Bitcoin ETFs experienced three consecutive days of sustained capital outflow, totaling about $85.96 million.
In the Ethereum ETF, BlackRock's ETHA product performed the best, attracting approximately $325 million in a single day; other products such as VanEck's ETHV absorbed $3.95 million, while Fidelity's FETH saw an inflow of $3.59 million. Notably, no Ethereum ETF experienced capital outflows, indicating that investors have strong confidence in ETH assets. The trading volume of Ethereum ETFs reached $1.59 billion that day, and the total net asset value rose to $19.68 billion.
Bitcoin ETF has fallen for the third consecutive day.
In contrast, the Bitcoin ETF has seen outflows for three consecutive days. Among them, Fidelity's FBTC had the most severe outflow, reaching $227 million; Ark 21Shares' ARKB had an outflow of $9.84 million, and Bitwise's BITB had an outflow of $1.93 million.
However, a small number of Bitcoin ETFs have received capital inflows. BlackRock's IBIT ended a two-day silence, welcoming an infusion of $143 million, while Grayscale's Bitcoin Mini Trust saw a slight inflow of $10.49 million. Nevertheless, the overall situation still struggles to offset the massive capital outflows. On that day, the total trading volume of Bitcoin ETFs was $3.12 billion, with a net asset value of $15.325 billion.
Are investors turning to Ethereum ETFs?
The Ethereum ETF has been strongly attracting funds for two consecutive weeks, while the Bitcoin ETF is facing ongoing selling pressure. Some market analysts are beginning to speculate: Are ETF investors shifting from Bitcoin to Ethereum? The fund flows and market performance in the coming days may reveal more answers. #Gate Launchpad List IKA #RWA Boom #PI