THE BLOCK: Spot bitcoin ETFs pull in $170 million Monday; spot ether ETFs see $11.4 million in outflows

AI Market Summary

Spot bitcoin ETFs recorded $170 million of net inflows while spot ether ETFs saw $11.4 million of net outflows, signaling near-term preference for BTC exposure over ETH. The divergence in ETF flows can influence relative performance and positioning, with BTC supported by incremental institutional demand as ETH faces marginal distribution. BTC rose 1.46% over 24 hours, while ETH was modestly higher.

Impact level

● Medium

Affected assets

BTC/USDT+1.69%

AI Insight · BTC/USDTAI Insight

▲ Bullish

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THE BLOCK: Spot bitcoin ETFs recorded $170 million of net inflows on Monday, while spot ether ETFs posted $11.4 million of net outflows. bitcoin:native rose 1.46% over the past 24 hours to $63,764. ethereum:native added 0.3% to $1,862.

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