Bitcoin ETF Outflows Continue as Ether Sees Surge in Inflows
American Bitcoin ETFs continued to bleed assets on Friday, September 11, marking their fourth consecutive day of net outflows with $13.29M withdrawn.
This trend has been ongoing since the week of September 4, when Bitcoin ETFs had a net inflow of $986.9M, but have now recorded four losing sessions and are digging into an annual deficit close to $1 billion.
In contrast, ether ETFs attracted $216.41M on Friday, with BlackRock's ETHA leading the way at $148.82M in inflows, followed by Bitwise's ETHW at $29.09M.