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Matrixport: Bitcoin has fallen into a period of weakness, and some Wall Street investors have begun to show more attention to Ethereum
3days ago

Odaily Planet Daily reports that Matrixport released a chart today, indicating a shift in funds from Bitcoin ETFs to Ethereum ETFs. Over the past six weeks, Ethereum products have consistently dominated capital flows, while Bitcoin has experienced a period of weakness, with net outflows occurring for six consecutive days last week. In contrast, Ethereum ETFs have continued to see net inflows, further solidifying their leading position.

Ethereum's treasury institutions and the prominent investors behind them continue to attract new capital and media attention, injecting new momentum into the market. Despite Powell's dovish signals last week, Bitcoin's performance remains flat, with a significant impact from capital rotation. Beyond crypto market participants, some Wall Street investors are also showing increased interest in Ethereum.