Spot cryptocurrencies in the US have seen a significant shift in the investment landscape Bitcoin $58,156 There was a significant inflow of net $39 million into exchange-traded funds (ETFs) on September 12. Spot Bitcoin ETFSpotlight opposite the entrance to Ethereum 
$2,360 There was a net outflow of $20 million from their ETFs. This difference reflects the different investor sentiment towards the two largest cryptocurrencies by market cap.
September 12 Report for Spot Bitcoin ETFs and Spot Ethereum ETFs
Inflows into spot Bitcoin ETFs show that confidence in the largest cryptocurrency is starting to grow among investors. The lead in inflows was led by Bitcoin ETFs, which attracted an impressive net inflow of $18.3 million ARKB Other notable contributors include $11.5 million net FBTCwith a net inflow of $4.9 million HODL and with a net inflow of $5.2 million BTC took place.
Smaller but positive inflows were recorded with a net inflow of $2.2 million. BITB and with a net inflow of $3.4 million EZBCBut not all spot Bitcoin ETFs shared the positive momentum, GBTC It separated itself from other ETFs with a net outflow of $6.5 million.
On the other hand Spot Ethereum ETFThe ‘s paint a more cautious picture. The only significant movement is the net outflow of $20.1 million ETHEThe rest of the Ethereum ETFs (ETHA, FETH, ETHW, CETH, ETHV, QETH, EZET, and ETH) did not report any inflows or outflows. This chart shows that investors are still hesitant about Ethereum.
Bitcoin Gains Attention, Ethereum Is Losing Blood
Market analysts attribute the inflows into spot Bitcoin ETFs and the increase in inflows on the last trading day, September 12, to various factors. It is evaluated that positive speculations towards the market may have supported investor optimism. However, Bitcoin is a store of value The role it plays as a hedge fund also seems to be attracting the attention of traditional investors looking to protect against inflation.
In contrast, spot Ethereum The outflow of ETFs is being linked to concerns about network scalability and competition from emerging blockchain networks, many of which are built on Ethereum. decentralized finance He argues that regulatory scrutiny of (DeFi) protocols has contributed to investor caution, as has the profit-taking drive following Ethereum’s previous price rally. altcoin King oriented ETFcan explain the outflow of funds from the ‘s.
Contrary ETF flows, cryptocurrency marketIt highlights the dynamic nature of Bitcoin and the various factors that influence investor decisions. The increased interest in ETFs for Bitcoin in particular reflects that it continues to solidify its position as a digital gold standard, while Ethereum is not yet seen as a valuable investment in the current era.
Disclaimer: The information contained in this article does not contain investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
