Bitcoin ETF Outflows Reach $463M as Ethereum Demand Holds

Bitcoin ETF flows shifted from strong institutional buying to net outflows of $462.73 million over four trading days, marking the first negative week since the mid-August rally. Daily withdrawals reached $46.65 million on Tuesday, $120.24 million on Wednesday, $282.56 million on Thursday and $13.29 million on Friday. Cumulative Bitcoin ETF inflows fell from $55.62 billion to $55.15 billion by September 11, although the products had still recorded substantial weekly and cumulative demand earlier in the period. Bitcoin ETF flows initially showed a $31 million inflow on September 2, while Ethereum ETFs recorded about $48 million in outflows after a 12-session inflow streak. Over the broader week ending September 4, Bitcoin ETFs attracted nearly $987 million, while Ethereum ETFs still posted net inflows of about 15,939 ETH. BlackRock, Fidelity and Grayscale remained key issuers, with lower-cost products generally attracting stronger demand than Grayscale’s higher-fee converted trusts. The latest data shows a reversal in short-term Bitcoin ETF flows, while Ethereum ETFs continued to attract institutional interest. Ethereum ETFs recorded $216.41 million in inflows on Friday, their strongest daily gain in two weeks, extending their positive run to four consecutive weeks. Cumulative Ethereum ETF inflows recovered to $13.39 billion after previously falling below $10.89 billion. Bitcoin traded between roughly $76,000 and $79,800 during the latest week. Traders are monitoring the US Senate’s consideration of the CLARITY Act and the Federal Reserve’s upcoming interest-rate decision. Bitcoin ETF flows and Ethereum ETF flows remain important indicators of institutional positioning, risk appetite and potential rotation between the two largest crypto assets.