Billionaire ETF Managers Just Poured $332M Into Bitcoin While Ethereum Bleeds $135M
Key Points
- Bitcoin sees a major comeback with $332.7 million in ETF inv...
Bitcoin just pulled off the ultimate comeback story while Ethereum learned that being the teacher's pet doesn't always pay. After Bitcoin stumbled through August with a 7% face-plant, institutional money managers decided September was the perfect time to show some love - to the tune of $332.7 million flowing into Bitcoin ETFs on September 3rd alone.
Meanwhile, Ethereum's having what we might call a "character-building moment," watching $135.3 million walk out the door despite its impressive 17% August rally. It's like being the straight-A student who still doesn't get invited to the cool kids...
While we have taken every measure to build an AI pipeline that generates credible and accuracte news, we still encourage you to conduct your own research before making investment decisions. InsAIght's content should not be considered professional financial or trading advice.