Bitcoin, Ethereum ETF Interest Shows Signs Of Life—But BTC, ETH Price Action Does Not

Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) prices have remained range-bound over the past month, which, according to market observers, contrasts recovering ETF interest.

What Happened: According to market commentator Bull Theory, ETFs are now absorbing all, or more than all, of the newly issued Bitcoin and Ethereum supply, yet prices have failed to respond meaningfully.

Over the past week, Ethereum ETFs accumulated roughly 3.6 times more ETH than was issued, while Bitcoin ETFs absorbed slightly over 100% of new BTC supply.

The lack of price movement suggests continued selling from existing holders, with coins rotating …

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