Bitcoin ETFs Post Fourth Straight Day of Outflows as Ether Funds See Surge in Inflows
U.S. spot Bitcoin ETFs have seen net outflows for four consecutive trading days, according to data from SoSoValue.
The funds posted a total of $13.29 million in net outflows on September 11, continuing the streak that began earlier this week.
Morgan Stanley's MSBT was an exception, with $3.76 million in inflows, but overall subscriptions fell short of redemptions.
By contrast, spot Ether ETFs saw a surge in net inflows, totaling $216 million on the same day.
BlackRock's ETHA led the gains, pulling in $149 million and indicating that institutional flows are diverging between Bitcoin and Ethereum.