Spot Bitcoin ETFs in the U.S. continued attracting investor interest on May 12, with $5.1 million in net inflows, marking the fourth consecutive day of positive flows, according to market data.
Meanwhile, Ethereum ETFs saw a sharp contrast, posting $17.59 million in net outflows, as all nine ETH funds recorded no net inflows during the session. This reflects growing caution despite Ethereum’s recent Pectra upgrade.
Bitcoin Gains, Ethereum Struggles
The divergent flow pattern points to a clear shift in sentiment between the two largest cryptocurrencies. Bitcoin continues to enjoy institutional inflows, likely fueled by macroeconomic confidence and its role as a digital store of value.
In contrast, Ethereum faces near-term pressure, with analysts citing regulatory concerns, market volatility, and capital rotation away from ETH and into BTC as contributing factors.
Watching for Trend Continuation
This flow divergence may be temporary or could signal a broader strategic realignment. With Bitcoin ETFs sustaining momentum and Ethereum funds under pressure, investors and managers are closely monitoring whether this pattern marks a lasting allocation shift in the crypto investment landscape.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/bitcoin-etfs-log-4th-straight-day-of-inflows-as-ethereum-funds-bleed-17m/