Bitcoin ETFs Suffer Massive Outflows as Ethereum Funds See Surge

U.S.-listed Bitcoin ETFs saw net outflows totaling $462.7 million during the September 8-11 trading week, according to Farside Investors' data.

The funds experienced losses in all four sessions, with the largest daily loss occurring on Thursday at $282.7 million.

ARK 21Shares' ARKB had the largest weekly outflow among individual Bitcoin funds at $234.2 million, followed by Grayscale's GBTC with $129.1 million in weekly outflows.

Ethereum funds, however, gained $196.9 million during the same period, thanks to a large inflow of $216.4 million on Friday that turned their weekly total positive.