Ethereum ETF inflows of $445M surpass Bitcoin’s $467M in September

For most of the spot crypto ETF era, Bitcoin has been the undisputed king of inflows. Ethereum has played a respectable second fiddle. But September flipped that script, with US spot Ethereum ETFs pulling in more net capital than their Bitcoin counterparts through mid-month. Through mid-September, Ethereum ETFs recorded approximately $324 million in net inflows, edging past the roughly $307 million captured by Bitcoin ETFs over the same stretch. Depending on the data provider and exact cutoff date, the full-month picture shows Ethereum ETFs attracting around $445 million versus Bitcoin’s $467 million. Bitcoin stumbled, Ethereum stayed steady Bitcoin ETFs started September with fireworks: a $731 million single-day inflow on September 3, among the largest daily hauls on record for the product category. Then the mood shifted. Over four consecutive sessions from September 8 through 11, Bitcoin ETFs hemorrhaged approximately $463 million in outflows, effectively erasing that blockbuster day and then some. Ethereum ETFs, meanwhile, kept the lights green. On September 11 alone, the same day Bitcoin products were bleeding capital, Ethereum ETFs logged $216 million in inflows. BlackRock’s E...