US spot Bitcoin exchange-traded funds recorded their third consecutive week of net inflows, while Ether exchange-traded funds shifted back to net outflows, according to data from SoSoValue.
Bitcoin ETFs attracted $241.1 million last week, bringing cumulative net inflows to $57.8 billion. This followed inflows of $2.4 billion and $6.2 million in the two preceding weeks, with year-to-date net inflows standing at approximately $1.2 billion.
In contrast, Ether ETFs recorded $138 million in weekly net outflows, reversing course after drawing $690 million the prior week. Year-to-date net inflows for Ether funds were reported at about $1.5 billion.
At the time of publication, Bitcoin traded at approximately $86,200, marking a 3.7% increase over a seven-day period according to CoinGecko data. Ether traded at roughly $2,727, up 3% over the same timeframe.
Other altcoin investment products saw varied results. Zcash funds registered their first weekly outflow on record, losing about $94 million. Meanwhile, Solana and XRP ETFs continued their respective inflow streaks, adding $2.4 million and $4.7 million.
Broader crypto market sentiment softened slightly during the period. The Crypto Fear & Greed Index from Alternative.me stayed in the "Greed" zone at a reading of 70, decreasing from 74 the previous week.
