Bitcoin CRASHES! Ethereum SOARS! $1.3B Lost!
Did you know $1.3 billion vanished from Bitcoin ETFs in less than a week? From August 19th to 22nd, Bitcoin ETFs suffered six consecutive days of outflows, draining billions while Bitcoin's price tumbled. Meanwhile, Ethereum ETFs experienced a thrilling surge, raking in over $600 million in just two days as Ethereum's price skyrocketed. This dramatic divergence suggests investors aren't abandoning crypto, but rather shifting their bets from Bitcoin to Ethereum, chasing its recent momentum. This rotation could signal a significant shift in the crypto landscape, potentially boosting Ethereum at Bitcoin's expense. However, Bitcoin ETFs still hold significantly more assets, so Ethereum needs sustained inflows to truly challenge Bitcoin's dominance. Could this be the beginning of Ethereum's reign? Subscribe to our channel to stay ahead of the curve in the ever-changing world of crypto.
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