Ether ETFs Attract $216M While Bitcoin ETFs Record Fourth Day of Outflows

U.S. Bitcoin exchange‑traded funds (ETFs) continued to see investor redemptions on Friday, recording a $13.29 million outflow and extending a four‑day negative streak. In contrast, Ether‑focused ETFs attracted $216.41 million in net inflows, marking the strongest daily inflow among crypto ETFs and the fourth consecutive week of net gains.

Bitcoin ETF Outflows

Bitcoin funds saw a modest outflow of $13.29 million on Friday, slowing the pace of redemptions compared with earlier in the week. BlackRock’s IBIT recorded a $19.23 million outflow, while Morgan Stanley’s MSBT and VanEck’s HODL added modest inflows of $3.76 million and $2.18 million respectively. Total trading value for Bitcoin ETFs reached $2.60 billion, with net assets closing at $97.58 billion. The week ended with cumulative outflows of $462.73 million, coinciding with Bitcoin’s price hovering around $77,000.

Ether ETF Inflows

Ether ETFs experienced a surge of $216.41 million in net inflows across six funds. BlackRock’s ETHA led with $148.82 million, followed by Bitwise’s ETHW ($29.09 million), BlackRock’s ETHB ($18.32 million), Fidelity’s FETH ($11.40 million), Grayscale’s Ether Mini Trust ($5.09 million) and VanEck’s ETHV ($3.71 million). Trading value for Ether ETFs rose to $2.56 billion, and net assets increased to $16.31 billion, up by nearly $1 billion in a single day. Weekly net inflows for Ether ETFs reached approximately $197 million, extending a four‑week inflow streak.

Other Crypto ETFs

Hype ETFs posted an $8.18 million outflow, with Bitwise’s BHYP shedding $6.78 million and 21Shares’ THYP losing $1.40 million, leaving net assets at $430.22 million. Solana ETFs slipped by $278,840, entirely from Bitwise’s BSOL, with net assets ending at $1.42 billion. XRP ETFs recorded no net flows, maintaining net assets at $1.45 billion.

Macro Context

U.S. inflation data showed August CPI up 0.4 % month‑over‑month and annual inflation steady at 3.4 %. Core inflation eased to 2.4 % year‑over‑year, the lowest since March 2021. The data offered limited support for Bitcoin, keeping market focus on potential Federal Reserve policy signals for future price movement.