James Butterfill, head of research at CoinShares, said in a post on the X platform that Bitcoin funds had a net outflow of $165 million this week and a monthly net outflow of $544 million, while Ethereum had a net inflow of $175.50 million this week and a monthly net inflow of $170.60 million. The first two days of trading after the market decline showed that investors were selling Bitcoin and buying Ethereum instead. Overall, this week's inflows were $8 million, and the monthly net outflow was $377 million.