🔴Demand for Bitcoin ETFs has slowed, as confirmed by data on daily capital outflows. Over the past month, BTC has lost 5%, and in the last two weeks, fund outflows exceeded $131 million. On February 19, the negative flow reached $71 million, with Fidelity seeing the biggest losses (-$50 million).
🔴Meanwhile, Ethereum ETFs are showing steady growth. In just one day, inflows amounted to $19 million, with Fidelity leading at $25 million. Despite Ether’s 16% price drop over the past month, interest in its funds continues to rise.
🔴Analysts believe the current correction is a result of the pre-election rally. Now, investors are waiting for new triggers for growth.