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BTCSpotETF saw a weekly outflow of nearly 3.88 billion US dollars from December 23rd to 27th. On the other hand, Ethereum realized a net inflow of 3.49 billion US dollars during the same period.
Despite the significant decline in BTC Spot ETF, Fidelity's FBTC stands out with a weekly circulation volume of 183 million US dollars. The mixed performance of BTC ETF makes it difficult to assess investor sentiment during the Christmas period.
After the decline, the net asset value of BTCSpotETF is 106.683 billion US dollars. The latest outflow of funds indicates that investors may reconsider their holdings due to market uncertainty, compared to the previous inflow period. Only a few ETFs, such as Fidelity's FBTC, have shown resilience and posted profits throughout the period.
As investors turn to the promising ecosystem of Ether, the Ethereum ETF has soared
Although BTCETF has experienced significant capital outflows, the ETH SpotETF has developed in the opposite direction, with nearly $349 million in capital inflows from December 23 to December 27.
BlackRock's ETHA is leading the way in this upward trend, with a weekly inflow of $182 million. Fidelity's FETH ranks second with an inflow of $160 million.
This upward trend highlights investors' curiosity about ETH-based digital assets. The ETH ETF has remained stable and vibrant in recent weeks, maintaining positive inflows. Compared to BTC ETFs, the ETH ETF has proven to be supreme in attracting institutional and individual investors.