The digital asset market witnessed a dramatic turn in the feeling of investors at the end of the week.
While Ether quoted funds (ETH), Ethereum cryptocurrency, captured more than 70 million dollars of new investment funds on Friday, their Bitcoin (BTC) counterparts experienced a significant capital bleeding. The latter recorded net outings that reached 616 million dollars, marking a new phase in the institutional divergence between the two main digital assets.
The day was especially unfortunate for Bitcoin investment products. The ETF, called Ibit, of Blackrock, headed the withdrawals with 430 million dollars, the largest recorded exit for this fund. They were followed by the Ark Invest ARKB, with 120 million dollars less, and Bitwise’s bitb, which saw a leak of 35 million dollars.
Are Figures They represent the largest daily output for Bitcoin ETF since last March.
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