U.S. spot Bitcoin exchange-traded funds posted net outflows for a fourth straight trading day, while spot Ether ETFs continued to draw sizable inflows.

SoSoValue data for Sept. 11 showed U.S. spot Bitcoin ETFs recorded total net outflows of $13.29 million. That extended the outflow streak to four trading days.

Among individual products, Morgan Stanley’s MSBT led inflows with $3.76 million. Even so, redemptions across the group outpaced subscriptions, leaving the category in net outflow territory.

By contrast, spot Ether ETFs posted total net inflows of $216 million. BlackRock’s ETHA led the gains, pulling in $149 million.

The continued exodus from Bitcoin ETFs alongside fresh inflows into Ether ETFs points to a divergence in institutional flows between the two leading cryptocurrencies.