Bitcoin ETFs Face Major Outflows as Ether ETFs End 20-Day Winning Streak

Spot Bitcoin exchange-traded funds (ETFs) have recorded their second-largest outflow to date, signaling growing investor caution.

At the same time, Ether ETFs have ended a 20-day streak of consistent inflows, marking a shift in sentiment across the crypto ETF market.

Bitcoin ETFs See $812M in Outflows Despite Strong Trading Volume

Spot Bitcoin ETFs posted $812 million in outflows, bringing the total net inflows down to $54.1 billion, with total assets under management falling to $146.48 billion, which is equivalent to 6.46% of Bitcoin market capitalization.

Several Bitcoin ETFs saw big outflows, with Fidelity’s FBTC losing $331.42 million and ARK Invest’s ARKB close behind at $327.93 million. Grayscale lost $66.79 million, while BlackRock’s IBIT had a smaller outflow of $2.58 million.

Despite the withdrawals, trading stayed active, with $6.13 billion in volume across all spot Bitcoin ETFs, showing investors are still engaged.

Ether ETFs End Inflow Streak while Corporate Interest in Ether Surges 

Ether ETFs ended their 20-day inflow streak after recording $152.26 million in outflows, bringing the total assets under management to $20.11 billion, which is equivalent to 4.70% of Ether’s market capitalization.

Bitwise’s ETHW saw $40.3 million in outflows, while Grayscale’s ETHE led with $47.68 million. Fidelity’s FETH lost $6.17 million, but BlackRock’s ETHA stayed unchanged with no flows and $10.71 billion in assets.

Even with the outflows, trading stayed strong at $2.26 billion across all spot Ethereum ETFs. Grayscale’s ETHE led the way with $288.96 million traded, showing continued volatility.

At the same time, interest in Ether is rising. Standard Chartered says crypto treasury firms have bought over 1% of Ethereum’s total supply since early July.

The bank noted that, when combined with steady ETF inflows, this recent trend could push Ethereum to hit $4000 before the year ends. It also predicts that Ethereum corporate holdings could rise to  10% of the total circulating supply, pointing to the added benefit of staking and using DEFI.