Ether ETFs Draw $216.4 Million as Bitcoin Funds Lose $13.2 Million
Key Facts
US-listed Ether ETFs recorded $216.4 million of net inflows on September 11, while their Bitcoin counterparts posted $13.2 million of net outflows, according to Farside Investors data.
Most of the Ether inflow went to ETHA, which attracted $148.8 million. ETHW added $29.1 million, ETHB $18.3 million, FETH $11.4 million, ETH $5.1 million and ETHV $3.7 million.
Among Bitcoin funds, IBIT lost $19.2 million. That was partly offset by inflows of $2.2 million into HODL and $3.8 million into MSBT, leaving the group with a $13.2 million net outflow for the session.
The September 11 reading followed outflows of $46.6 million, $120.2 million and $282.7 million on September 8, 9 and 10, respectively, for a combined $449.5 million. After the latest session, cumulative net inflows into the Bitcoin products stood at about $55.224 billion.
That cumulative figure provides important context. The US Securities and Exchange Commission approved the listing and trading of several spot Bitcoin exchange-traded products on January 10, 2024. It does not, however, eliminate daily flow volatility or predict subsequent allocations.
The September 11 figures show a clear one-session divergence, but they do not by themselves prove a lasting rotation from Bitcoin into Ether or reveal investors’ motives. Confirmation would require follow-through in subsequent sessions, broader participation across issuers and alignment with movements in BTC and ETH.