TL;DR
- Bitcoin ETFs: Net inflows of $241 million marked a sharp rebound, led by BlackRock’s IBIT at $128.90 million, with Ark, Fidelity, Bitwise, and Grayscale also contributing.
- Ethereum ETFs: Outflows reached $79.36 million, with Fidelity’s FETH and BlackRock’s ETHA driving the largest redemptions. Grayscale, 21Shares, and Bitwise also saw losses.
- Market Outlook: Bitcoin trades at $111,766 after a 4.6% weekly decline, while Ethereum stands at $4,011.92 with weaker volume. Analysts caution that both assets remain vulnerable to volatility.
After two days of heavy sell-offs, Bitcoin ETFs staged a strong comeback with $241 million in inflows on September 25. In contrast, Ethereum ETFs extended their losing streak, recording $79.36 million in outflows and posting their lowest trading value of the week. The divergence highlights shifting investor sentiment between the two leading cryptocurrencies, with Bitcoin regaining traction while Ethereum struggles under sustained selling pressure.
Bitcoin ETFs Rebound with $241 Million Inflow
Bitcoin ETFs reversed recent losses by attracting $241 million in net inflows. BlackRock’s IBIT led the surge with $128.90 million, followed by Ark and 21Shares ARKB at $37.72 million. Fidelity’s FBTC, Bitwise’s BITB, and Grayscale’s BTC added $29.70 million, $24.69 million, and $13.56 million, respectively. VanEck’s HODL contributed $6.42 million. Despite the inflows, total trading value fell to $2.58 billion, while net assets reached $149.74 billion, representing 6.62% of Bitcoin’s market cap.
Ethereum ETFs Post Third Straight Day of Outflows
Ethereum ETFs continued to face withdrawals, totaling $79.36 million. Fidelity’s FETH led with $33.26 million in outflows, while BlackRock’s ETHA saw $26.47 million in redemptions. Grayscale’s ETHE lost $8.91 million, with 21Shares’ TETH and Bitwise’s ETHW posting smaller outflows of $6.24 million and $4.48 million. The total trading value of Ethereum ETFs dropped below $1 billion, settling at $971.79 million. Net assets stood at $27.42 billion, equal to 5.45% of Ethereum’s market cap.
Market Performance of Bitcoin and Ethereum
Bitcoin is currently priced at $111,766, reflecting a 4.6% weekly decline. Its market capitalization has slipped to $2.225 trillion, though daily trading volume improved slightly to $49.837 billion. Ethereum trades at $4,011.92, with a market cap of $483.822 billion. Its daily trading volume fell to $37.680 billion, underscoring weaker market activity. Both assets remain volatile as ETF flows continue to influence investor confidence.
Analysts Warn of Continued Volatility
The contrasting ETF flows underscore broader uncertainty in the crypto market. While Bitcoin’s rebound suggests renewed institutional interest, Ethereum’s persistent outflows highlight investor caution. Bloomberg analysts caution that both assets may face further price swings as traders react to shifting liquidity and sentiment. With Bitcoin ETFs regaining momentum and Ethereum ETFs struggling, the market remains on alert for heightened volatility in the days ahead.
