Bitcoin ETFs Gain $241M as Ethereum Funds Lose $138M in Latest Weekly Flows
Bitcoin exchange-traded funds (ETFs) continued their streak of positive performance, attracting $241 million in net inflows from September 28 to October 2. This marks the third consecutive week of inflows for Bitcoin ETFs, signaling sustained institutional interest in the leading cryptocurrency.
In contrast, Ethereum ETFs experienced $138 million in net outflows during the same period. Fidelity’s FETH product accounted for the largest share of withdrawals, with $74.06 million leaving the fund. This divergence in ETF flows highlights a shift in institutional demand, with Bitcoin gaining traction while Ethereum faces net withdrawals.
The latest data underscores the volatility in ETF activity, which has fluctuated sharply since these products launched. Bitcoin ETFs saw significant inflows early in 2024, with some days reaching inflows near $1 billion. However, the latter half of 2024 and early 2025 saw mixed flows, including outflows approaching $1 billion.
Ethereum ETFs also displayed volatility, with inflows and outflows alternating throughout 2024 and 2025. Despite some periods of strong positive flows, particularly when Ethereum’s price moved above $4,000, the latest weekly data shows a clear contrast between Bitcoin and Ethereum’s performance in the ETF market.