Ethereum ETFs See $216 Million Inflows as Bitcoin ETFs Face Fourth Consecutive Day of Outflows
On September 11, US spot Ethereum (ETH) ETFs recorded a net inflow of $216 million after experiencing an outflow the previous week. This marked a reversal in investor sentiment for ETH following a $24 million redemptions on September 9. In contrast, Bitcoin (BTC) ETFs continued to see outflows for four consecutive days, totaling $13.29 million and marking a sharp decline from a record $986.9 million inflow the prior week. XRP ETFs saw no net flows despite $36 million in trading volume on Friday, indicating that creations and redemptions canceled each other out or did not occur at all. This highlights potential issues with immature fund infrastructure rather than weak demand for XRP itself. The contrasting performance of these three crypto ETF categories reflects shifting investor behavior across the market. The Ethereum inflow coincided with a 3% price increase, aligning spot and ETF demand positively. Meanwhile, Bitcoin’s decline continued despite earlier August buying activity that had pushed prices higher before stalling in early September.
