Bitcoin ETFs Pull Big Inflows as Ethereum Sees End-of-Month Outflow
Bitcoin spot ETFs recorded their highest seven-day net inflow in September, with $742.56 million entering the market through September 30, according to Lookonchain data.
This is equivalent to a combined 8,716 BTC being added to Bitcoin's total circulating market cap over that period, representing approximately 0.044% of its entire market cap at current prices.
Ethereum ETFs presented a more mixed picture, with a seven-day net inflow of $260.19 million, but a single-day outflow of 5,621 ETH on September 30, worth $15.31 million, which erased nearly 6% of the week's accumulated demand.
The data suggests that institutional demand for Bitcoin ETFs is stronger than Ethereum's over this specific window, with Bitcoin accounting for 74.1% of the combined weekly inflow, while Ethereum made up 25.9%.