Bitcoin ETFs Log $84.9M in Outflows as Ethereum Funds Extend Inflow Streak
The post Bitcoin ETFs Log $84.9M in Outflows as Ethereum Funds Extend Inflow Streak appeared on BitcoinEthereumNews.com. TL;DR Bitcoin ETFs recorded $84.86 million in net outflows on July 8, signaling continued caution among institutional investors. Spot Ethereum ETFs attracted $70.48 million in net inflows, extending their positive streak to five consecutive trading days. The contrasting ETF flows suggest institutional capital is showing stronger interest in Ethereum than Bitcoin in the short term. Analysts continue to monitor ETF activity as a key indicator of institutional sentiment and broader crypto market direction. U.S. spot Bitcoin exchange-traded funds (ETFs) returned to negative territory on July 8, recording $84.86 million in net outflows after signs of improving investor sentiment earlier in the week. The latest figures suggest institutional demand for Bitcoin remains uneven as investors continue responding to broader macroeconomic uncertainty and crypto market volatility.