๐ ETF FLOW UPDATE: BITCOIN FACES OUTFLOWS, ETHEREUM SURGES ๐
The U.S. spot ETF market showed a clear divergence on September 11 (ET).
๐ด Bitcoin ETFs:
Spot Bitcoin ETFs recorded approximately $13.29M in net outflows, extending the negative-flow trend to four straight trading days.
Among the funds, Morgan Stanleyโs MSBT recorded the strongest daily inflow, bringing in around $3.76M.
๐ข Ethereum ETFs:
Ethereum ETFs moved in the opposite direction, attracting a strong $216M in total net inflows.
Leading the charge was BlackRockโs ETHA, which accounted for approximately $149M of the daily inflows.
๐ Key takeaway:
Bitcoin ETF flows remained under pressure, while Ethereum ETFs saw significant investor demand. This contrasting movement could be an interesting signal to watch as the crypto market develops.
$BTC
$ETH
#BTC #ETH #BitcoinETF #EthereumETF #CryptoMarket
The U.S. spot ETF market showed a clear divergence on September 11 (ET).
๐ด Bitcoin ETFs:
Spot Bitcoin ETFs recorded approximately $13.29M in net outflows, extending the negative-flow trend to four straight trading days.
Among the funds, Morgan Stanleyโs MSBT recorded the strongest daily inflow, bringing in around $3.76M.
๐ข Ethereum ETFs:
Ethereum ETFs moved in the opposite direction, attracting a strong $216M in total net inflows.
Leading the charge was BlackRockโs ETHA, which accounted for approximately $149M of the daily inflows.
๐ Key takeaway:
Bitcoin ETF flows remained under pressure, while Ethereum ETFs saw significant investor demand. This contrasting movement could be an interesting signal to watch as the crypto market develops.
$BTC
$ETH
#BTC #ETH #BitcoinETF #EthereumETF #CryptoMarket
