Ethereum

Bitcoin

Gains

<h2 id="key-points">Key Points</h2>
<ul>
 <li>Bitcoin surpassed $100K, but experienced four consecutive days of ETF outflows.</li>
 <li>Ethereum gained investor attention with stable prices and $53.6M ETF inflows.</li>
</ul>
<p>After Donald Trump’s victory in the US Presidential elections, <a href="https://coineagle.com/price/bitcoin/" rel="noopener noreferrer nofollow">Bitcoin</a> experienced a significant bull run, breaking the $100,000 milestone and reaching a peak of $108,000. This was accompanied by substantial inflows into Bitcoin exchange-traded funds (ETFs), indicating strong investor interest.</p>
<h2 id="bitcoin-etfs-face-outflows">Bitcoin ETFs Face Outflows</h2>
<p>However, the momentum shifted as Bitcoin ETFs saw four consecutive days of outflows starting from 19th December, amounting to a considerable $671.9 million in withdrawals. Major players such as BlackRock’s IBIT, Fidelity’s FBTC, and ARK 21Shares’ ARKB led the outflows. Amidst this trend, Bitwise’s BITB was the exception, recording inflows worth $8.5 million. This shift from inflows to outflows coincided with a significant drop in Bitcoin’s price to $94K on 24th December.</p>
<p>This decline comes in the wake of predictions of a potential market slowdown. Historical data suggests that the current rally may lose momentum following Trump’s inauguration on 20th January 2025. However, Bitcoin’s latest price movements indicate a potential shift, with BTC trading at $98,052.98, reflecting a 4.18% surge in the past 24 hours.</p>
<h2 id="ethereum-gains-investor-traction">Ethereum Gains Investor Traction</h2>
<p>On the other hand, <a href="https://coineagle.com/price/ethereum/" rel="noopener noreferrer nofollow">Ethereum</a> has been gaining investor interest. Ethereum ETFs recorded inflows of $53.6 million, indicating a growing investor preference for Ethereum over Bitcoin. Ethereum’s price remains stable around $3,400, while Bitcoin is inching closer to the critical $100,000 threshold. Despite the market uncertainty, signs of recovery hint at a strong year-end finish.</p>

ETFs Shed Bitcoin Funds as $100K Surge Halts Post-Election

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