WuBlockchain
Spot Bitcoin ETFs recorded $463 million in net outflows from Sept. 7 to Sept. 11 (ET), ending a three-week streak of net inflows. Over the same period, spot Ethereum ETFs recorded $197 million in net inflows, extending their streak to four consecutive weeks. Spot Solana ETFs recorded $10.3048 million in net inflows, while spot XRP ETFs recorded $18.9754 million in net inflows.
Why it matters
The reported flows split by asset. Bitcoin products moved from three straight weeks of inflows to a net outflow week, while Ethereum extended a positive streak and Solana and XRP also posted net inflows. The figures do not show a uniform direction across the listed spot ETF products.
Market impact
Bitcoin's $463 million net outflow was the largest flow figure listed for the period. Ethereum's $197 million net inflow was the strongest positive figure, while Solana and XRP posted smaller net inflows. The next weekly flow reports will indicate whether the Bitcoin outflow was a one-week change or the start of a longer pattern.
Frequently asked questions
-
How did Ethereum ETF flows compare with Bitcoin ETF flows?
Spot Ethereum ETFs recorded $197 million in net inflows from Sept. 7 to Sept. 11 (ET), while spot Bitcoin ETFs recorded $463 million in net outflows.
-
What dates did the reported ETF flows cover?
The figures cover Sept. 7 through Sept. 11 in Eastern Time.
-
Which listed ETF group posted the largest positive flow?
Spot Ethereum ETFs posted the largest positive flow listed, with $197 million in net inflows.
-
How much did spot Solana and XRP ETFs attract?
Spot Solana ETFs recorded $10.3048 million in net inflows, while spot XRP ETFs recorded $18.9754 million.
-
Did all of the listed spot ETF products move in the same direction?
No. Spot Bitcoin ETFs recorded net outflows, while spot Ethereum, Solana and XRP ETFs each recorded net inflows during the period.
Crypto News
CoinTelegraph
CryptoSlate
TheBlock
CoinDesk