Bitcoin ETFs Flip Back to Outflows as Ethereum Sees Continued Inflow

After four weeks of net inflows, U.S. spot Bitcoin (BTC) exchange-traded funds (ETFs) shed $463 million last week.

The outflows marked the first weekly net outflow since mid-August and followed a three-week streak of cumulative net inflows totaling $55.62 billion.

Bitcoin's price was highly volatile in the latter half of the week, dropping from $77,000 to $76,000 before spiking to $79,800 and then retreating to its starting point.

Spot Ethereum (ETH) ETFs, on the other hand, attracted nearly $200 million in net inflows over the same period and extended their positive streak to four weeks.