in the USA Bitcoin $94,029.6 And Ethereum 
$3,397.3 ETFs experienced significant changes based on December 23 data. There was a total net outflow of $226.5 million in Bitcoin ETFs, while there was a net inflow of $130.8 million in Ethereum ETFs. cryptocurrency marketThis mobility reveals that there are differences in investors’ preferences.
The Big Exodus from Bitcoin ETFs
On December 23, many Bitcoin ETFOutput was recorded in . Grayscale Bitcoin Mini Trust (BTC) ETF experienced a decrease of $6.2 million with an outflow of -65 BTC. Total BTC assets were announced as 37 thousand 842 BTC. ARK 21Shares Bitcoin ETFreported a decrease of $15.7 million with an outflow of -165 BTC.
Fidelity Wise Origin Bitcoin Fundbecame one of the funds that experienced the most intense outflows. – With a loss of 1,534 BTC, the fund’s total assets decreased to 213,759 BTC. Similarly Grayscale Bitcoin Trust An outflow of -404 BTC was observed from the (GBTC) ETF. This exit caused a loss of $38.4 million in value.
VanEck Bitcoin ETF, Invesco Galaxy Bitcoin ETF And Bitwise Bitcoin ETF also suffered minor losses. These funds also joined the downward trend, with outflows of -27 BTC, -269 BTC and -249 BTC, respectively.
On the other hand, among Bitcoin ETFs iShares Bitcoin Trust drew attention. The ETF experienced a net increase of $31.7 million with an inflow of 333 BTC. The total assets of the fund reached 566 thousand 689 BTC, which shows that some investors continue to be interested in Bitcoin.
Investor Interest in Ethereum ETFs Increases
Ethereum ETF‘s have attracted investors’ attention, unlike Bitcoin ETFs. There was a net inflow of 130.8 million dollars with the purchase of 39 thousand 870 ETH in total. This trend shows that the altcoin king Ethereum stands out as a strong alternative among investors.
cryptocurrency marketThese events show that investors tend to move from Bitcoin to Ethereum. However, despite the volatility and fluctuations in the market, the interest of investors who act with different strategies continues.
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.
