$332M inflow into BTC-ETF ends ETH-ETF dominance
On Tuesday, Bitcoin funds outperformed Ethereum ETFs in terms of investment flows.
According to SoSoValue, on September 3 the net inflow into spot BTC ETFs totaled $332.7 million, of which $132.7 million went into Fidelity’s FBTC and $72.8 million into BlackRock’s IBIT. Funds from Grayscale, Ark & 21Shares, Bitwise, VanEck, and Invesco also recorded inflows.
Meanwhile, Ethereum-based exchange-traded funds saw a net outflow of $135.3 million. Fidelity’s FETH lost $99.2 million, while Bitwise’s ETHW saw $24.2 million withdrawn.
The shift of capital from ETH to BTC through ETFs suggests that institutional investors may be rebalancing portfolios to benefit from Bitcoin’s perceived stability amid macroeconomic uncertainty, said LVRG Research director Nick Ruck.
In August, ETH ETFs outperformed Bitcoin ETFs, as analysts pointed to a “shift in balance” toward Ethereum amid growing demand for the leading altcoin from corporate treasuries. In August, Bitcoin funds saw net outflows of $751 million, while Ethereum ETF inflows exceeded $3.87 billion over the same period.
See also: "Bitcoin price today: stabilizing at $110,800 amid caution over US rates and tariffs"
Українська
Русский
English

