Bitcoin ETFs face their first weekly reversal since mid-August with $463 million in outflows, while Ether products see $197 million in inflows amid rising geopolitical and inflationary pressures.
Spot Bitcoin ETFs recorded $463 million in net outflows last week, snapping a three-week streak of gains as macro uncertainty weighs on risk assets. Conversely, Ether ETFs bucked the trend by attracting $197 million in net inflows, signaling a divergence in investor sentiment between the two leading digital assets.
Investors are reacting to macroeconomic uncertainties, including sticky inflation, rising 10-year Treasury yields, and geopolitical tensions that are pressuring risk assets.
While Bitcoin ETFs saw significant outflows, Ether ETFs remained resilient, attracting $196.9 million in net inflows.