Bitcoin ETFs Plummet $462.7M as Ethereum Funds Soar

The past trading week saw significant fluctuations in U.S.-listed Bitcoin and Ethereum funds. According to Farside's data, Bitcoin ETFs experienced a net outflow of $462.7 million from September 8-11, with the largest loss on Thursday at $282.7 million.

This marked a reversal for Bitcoin funds, which had gained $986.7 million in the previous trading week. Among individual Bitcoin funds, ARKB suffered the largest weekly outflow at $234.2 million, while Grayscale's GBTC followed with $129.1 million in outflows.

On the other hand, Ethereum funds showed a remarkable turnaround, gaining $196.9 million for the week after Friday's inflow of $216.4 million. This growth was led by BlackRock's ETHA, which added $148.8 million on Friday and finished the week with $139.9 million in net inflows.

Solana funds also saw a positive trend, with a gain of $9.7 million for the week. However, Hyperliquid funds experienced a net outflow of $26.5 million, with Bitwise's BHYP accounting for $20.2 million of this loss.