Bitcoin ETFs Attract $121M Daily Inflow, Ethereum Sees Outflow

The latest data from @lookonchain shows that Bitcoin ETFs have recorded a significant daily net inflow of $121.1 million, while Ethereum ETFs saw a substantial outflow.

According to the figures, on September 3, Bitcoin ETFs posted a net inflow of +1,532 BTC, which translates to +$121.1 million in value over the past day. Over the same period, Ethereum ETFs experienced a net outflow of -36,324 ETH, equivalent to -$88.61 million.

Looking at the seven-day period, Bitcoin ETFs recorded an even more impressive net inflow of +1,255 BTC, or +$99.21 million. In contrast, Ethereum ETFs showed a significant increase in net inflows over the same time frame, with +120,807 ETH and a value of +$294.71 million.