Bitcoin experienced 404 million USD in outflows amid changing investor sentiment following a hawkish Federal Reserve report on inflation. This report prompted U.S. Investors to sell off digital asset products, significantly impacting Bitcoin’s performance.
Contrarily, Ethereum continued its positive trend with 133.9 million USD in inflows, marking its 15th consecutive week of gains. BlackRock also invested heavily in both Bitcoin and Ethereum ETFs, contrasting the broader market’s trend.
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