📉 Bitcoin Struggles as ETFs See Outflows
- On March 4, Bitcoin ETFs recorded $143.5 million in outflows, signaling a cautious approach from investors.
- A total of 1,660 BTC was sold, possibly contributing to recent price volatility.
- This could indicate profit-taking after Bitcoin’s previous rally or uncertainty about its near-term direction.
📈 Ethereum Gains Momentum with ETF Inflows
- In contrast, Ethereum ETFs saw $14.6 million in inflows, suggesting renewed confidence in ETH.
- Investors bought 6,800 ETH, potentially anticipating spot ETH ETF approvals or upcoming network upgrades.
🔄 Market Shift or Temporary Rotation?
- The contrasting flows suggest a possible sectoral rotation within crypto investments.
- While Bitcoin faces short-term headwinds, Ethereum appears to be gaining favor.
- The coming weeks will determine whether this trend continues or if BTC regains momentum.
📊 What’s next?
- Will Bitcoin bounce back, or is Ethereum set to take the lead?
- Investors will closely watch macro trends, ETF flows, and regulatory developments for the next big move.
