The US Bitcoin ETF saw a return of fund inflows, while the Ethereum ETF continued to face redemptions.

The US ETF directly invested in Ethereum has experienced the longest daily withdrawal record since its launch in July 2024, highlighting the unstable demand for the second largest cryptocurrency. Data shows that these 9 ETFs have experienced net outflows for 13 consecutive days, with a total outflow of approximately $415 million. In contrast, US Bitcoin ETFs have rebounded from a period of weakened investor demand, achieving net inflows for 6 consecutive days as of March 21. The token has fallen by about 40% in the past year. Meanwhile, the broader cryptocurrency index has risen slightly by 10%. US Ethereum ETF sets new record for daily outflows Standard Chartered Bank lowered its year-end target price for Ethereum by 60% to $4000 in a report last week, citing concerns about Ethereum's scalability. The bank stated in a report that Ethereum "has essentially been commoditized within its self-created Layer 2 framework," casting doubt on its long-term competitive advantage.