Ether ETFs See Zero Flows While Bitcoin ETFs Surge

According to CoinDesk, Ether (ETH) exchange-traded funds (ETFs) in the U.S. experienced zero flows on Monday, marking only the second time this has happened since their listing in July. The previous instance of zero flows occurred on August 30. This data was gathered by SoSoValue. In stark contrast, Bitcoin (BTC) ETFs saw significant inflows, recording their highest since September 27. Bitcoin ETFs added a net $235.2 million, with Fidelity's product (FBTC) leading the gains at $103.7 million and BlackRock's fund (IBIT) following closely with $97.9 million. The figures highlight the differing performance of BTC and ETH products in the U.S. market. Since their listing in January, Bitcoin ETFs have accumulated nearly $18.75 billion in inflows. On the other hand, Ether ETFs have been in the red by $500 million since they became available in July.