$BNB
The trading volumes for Ether ETFs remained steady at $1.97 billion, and net assets rose to $19.85 billion, approaching the human-reported figure of $20 billion. On the other hand, the decline in Bitcoin was driven by a significant redemption from BitB’s Bitb, which saw $42.27 million delivered, and Ark 21Shares 'Arkb', which lost $33.18 million. A minor outflow of $7.51 million went to GBTC from GRAYSCALE, barely affecting the overall negative tone. Despite the outflows, trading activity remained strong at $4.01 billion, with net assets resilient at $154.77 billion, suggesting that this could be another brief cooling-off phase rather than a trend reversal. As Ether ETFs maintain their historical flow line and Bitcoin ETFs face slight disruptions, the market narrative may decisively lean towards Ether dominance in the short term.
The trading volumes for Ether ETFs remained steady at $1.97 billion, and net assets rose to $19.85 billion, approaching the human-reported figure of $20 billion. On the other hand, the decline in Bitcoin was driven by a significant redemption from BitB’s Bitb, which saw $42.27 million delivered, and Ark 21Shares 'Arkb', which lost $33.18 million. A minor outflow of $7.51 million went to GBTC from GRAYSCALE, barely affecting the overall negative tone. Despite the outflows, trading activity remained strong at $4.01 billion, with net assets resilient at $154.77 billion, suggesting that this could be another brief cooling-off phase rather than a trend reversal. As Ether ETFs maintain their historical flow line and Bitcoin ETFs face slight disruptions, the market narrative may decisively lean towards Ether dominance in the short term.