Bitcoin ETFs Experience Significant Outflows While Ethereum ETFs Continue to Grow
- U.S. spot Bitcoin ETFs saw outflows of $462.73 million from September 8 to September 11, ending a three-week inflow streak.
- Spot Ethereum ETFs attracted $197.11 million, marking their fourth consecutive week of inflows.
- XRP ETFs led other crypto funds with inflows of $18.98 million during the same period.
- HYPE ETFs recorded the largest outflow among altcoin funds at $26.42 million.
The withdrawal from Bitcoin ETFs included daily outflows of $46.65 million on September 8 and peaked at $282.56 million on September 10 before tapering off to $13.29 million on September 11. In contrast, Ethereum’s strong performance was driven by a significant inflow of $216.41 million on September 11, offsetting earlier withdrawals.
Overall, while Bitcoin faced substantial outflows nearing $463 million, Ethereum continued its positive momentum with over $197 million in new investments.(Source)
