in the USA spot Bitcoin 
$65,645 ETF‘s experienced a remarkable inflow of money on October 15th. A total net inflow of 371 million dollars was recorded. The biggest contribution during this period was made by BlackRock’s IBIT ETF with an inflow of $289 million. This performance of the largest cryptocurrency, Bitcoin, shows that investor confidence is increasing. But Ethereum 
$2,611 There is exactly the opposite situation on the front. There was a net outflow of $12.7 million in spot Ethereum ETFs.
Interest in Bitcoin is Growing
Spot Bitcoin The intense interest in ETFs reflects investors’ growing expectations for the largest cryptocurrency. New spot crypto ETF applications have been on the agenda in recent weeks, fueling the appetite for Bitcoin.
The entry of giants such as BlackRock into the market strengthens the confidence of institutional investors in Bitcoin. A total inflow of $371 million could be a significant sign that the market is in an uptrend. Analysts think that this development may herald a possible rise in the price of Bitcoin.
Downtrend Continues in Ethereum
On the other hand spot Ethereum ETF‘s revealed that investors were hesitant, with an outflow of 12.7 million dollars in the same period. Unlike Bitcoin, Ethereum has not been able to achieve the same positive atmosphere on the spot ETF side. This shows that investors are turning to Bitcoin instead of Ethereum. This divergence in the market points to differing expectations in the cryptocurrency market. Ethereum If the pressure on it continues, it may be possible for Bitcoin to increase its market share even further.
While the expectation of a jump in its price increases with the strong inflows of Bitcoin, the outflows on the Ethereum side show that investors prefer to act cautiously. The separation between these two giants in the cryptocurrency market may create significant opportunities and risks in the coming period.
With current data BTC While it was traded around 67 thousand dollars with an increase of 2.54 percent in the last 24 hours, ETH It is traded at $2,610 with an increase of 0.10 percent in the same time period.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
