U.S. spot Bitcoin ETFs recorded $236M in net outflows on September 1, while Ethereum ETFs posted their 12th consecutive day of inflows at $10.95M.
Macro & Markets ·
On September 1, U.S. spot Bitcoin ETFs recorded $236 million in net outflows, according to SoSoValue data. The same day, Ethereum ETFs posted $10.9528 million in net inflows, extending a streak to 12 consecutive days of positive flows into the asset class.
The divergence in flows between the two largest cryptocurrency ETF products reflects differing investor sentiment across the sector on that trading day. Bitcoin's outflows stand in contrast to the sustained accumulation signal seen in Ethereum products over the extended inflow period.
The data does not clarify what drove the directional split between the two assets, nor does it indicate whether either trend reversed in subsequent sessions.