Bitcoin ETFs See $241M Inflows As Ethereum Bleeds $79 Million

U.S. spot Bitcoin ETFs recorded $241 Million in net inflows on September 24, reversing two consecutive days of outflows.

All 12 Bitcoin ETF products reported positive flows with no recorded net outflows. On the other hand, Ethereum ETFs continued bleeding with $79.36 Million in outflows.

Bitcoin ETFs Reverse Outflow Trend with Inflows

Bitcoin ETFs achieved unanimous positive flows on September 24 with $241 Million in total net inflows. BlackRock’s IBIT dominated with $128.90 Million in inflows.

Fidelity’s FBTC contributed $29.70 Million in positive flows and maintained its position as the second-largest daily contributor.

The reversal followed two days of selling pressure. It saw $103.61 Million in outflows on September 23 and $363.17 Million on September 22.

The coordinated buying across all 12 products shows renewed institutional confidence in Bitcoin exposure. No single fund recorded net outflows, which is a rare occurrence. Grayscale’s BTC product added $13.56 Million, and ARKB contributed $37.72 Million to the daily total.

Bitwise BITB recorded $24.69 Million in inflows, and VanEck HODL attracted $6.42 Million. Multiple smaller CBOE-listed products, including BRRR, BTCO, EZBC, and BTCW, showed zero activity rather than outflows.

Trading volumes reached $2.58 Billion across Bitcoin ETF products. SosoValue data shows cumulative inflows reached $57.49 Billion, and total net assets stand at $149.74 Billion across all Bitcoin ETF products.

Weekly data reveals mixed performance with $225.78 Million in net outflows for September 24.

Ethereum ETFs Extend Losing Streak to Three Days

On September 24, Ethereum ETFs saw net outflows of $79.36 million. This marked a significant pullback in investor sentiment. The selling pressure continued for three straight trading sessions.

All nine Ethereum ETF products reported negative flows, with no single fund attracting positive institutional interest. Cumulative outflows reached $296.06 million for the weekly period ending September 24.

Fidelity’s FETH led outflows with $33.26 Million in redemptions. BlackRock’s ETHA contributed $26.47 Million in outflows despite typically attracting the most significant institutional flows.

Grayscale’s ETHE added $8.91 million in outflows while 21Shares TETH recorded $6.24 Million in redemptions. Bitwise ETHW posted $4.48 million in selling pressure.

Multiple CBOE-listed products, including ETHV, EZET, and QETH, showed zero activity rather than inflows. This indicates broad institutional disinterest.

Trading volume reached $972.04 million across Ethereum ETF products. Total net assets declined to $27.42 Billion while cumulative inflows remain at $13.62 billion.

Recent Ethereum ETF history shows extreme volatility with $213.07 Million in inflows on September 18, followed by rapid reversals. Weekly outflows of $296.06 million also show substantial selling pressure.

Asset Class Divergence in ETF Flows

The divergent performance between Bitcoin and Ethereum shows different institutional sentiment toward the two largest cryptocurrencies. Bitcoin’s universal positive flows suggest coordinated institutional buying after recent selling pressure created attractive entry points.

Ethereum’s continued outflows show persistent concerns about network competition and regulatory uncertainty. Weekly trading volumes show $9.18 Billion for Bitcoin ETFs compared to $4.64 Billion for Ethereum products on September 24.

The volume differential shows greater institutional engagement with Bitcoin products. Individual fund performance shows BlackRock maintaining dominance across asset classes despite different flow directions.

IBIT’s $128.90 million Bitcoin inflow contrasts with ETHA’s $26.47 Million Ethereum outflow. The performance gap highlights institutional preferences for Bitcoin over Ethereum exposure.