Bitcoin (BTC) demonstrated resilience during the Friday Asia trading session, gaining 4.4% to test the $67,000 mark, outperforming the broader cryptocurrency market. In contrast, the CoinDesk 20 Index (CD20) rose 3.3%, with Solana's SOL leading major token gains with a 5% increase.

Ether (ETH) experienced a 2.8% gain, reaching $3,200, despite Ether ETFs facing a net daily outflow of $152 million. This outflow is largely attributed to withdrawals from the Grayscale Ethereum Trust (ETHE), which recently converted to an ETF. Conversely, Bitcoin ETFs saw a net inflow of $31.16 million, bringing the total net flow since their introduction to nearly $17.5 billion.

Market analysts are divided on the short-term outlook for Ether, with some viewing the current trend as a prime buying opportunity, while others predict short-term pain for ETH traders. The situation bears resemblance to the Bitcoin ETF launches earlier this year, where initial outflows weighed on Bitcoin's price before inflows to rival funds reversed the trend.

AAVE, the native token of the Aave decentralized finance (DeFi) protocol, surged 15% in response to a token buyback proposal. The proposal aims to use more protocol revenue to buy back AAVE tokens from the secondary market and redistribute them to stakers, showcasing the impact of key developments on the cryptocurrency landscape.

As Bitcoin and Ether navigate the complexities of ETF inflows and outflows, traders and analysts remain cautious yet optimistic. The broader market sentiment is shaped by significant developments, including AAVE's token buyback proposal, highlighting the dynamic nature of the cryptocurrency market.