Bitcoin ETFs Surge With $301 Million Inflows as Ether Funds Extend Losing Streak

Momentum is tilting sharply in favor of bitcoin, with institutional investors pouring hundreds of millions into BTC-backed exchange-traded funds (ETFs). At the same time, ether products are struggling to find footing, posting their third straight day of net outflows.

Bitcoin Dominates ETF Flows

On September 3, bitcoin ETFs attracted $301 million in inflows, once again showcasing the asset’s appeal among institutions. The surge was led by Blackrock’s iShares Bitcoin Trust (IBIT), which absorbed nearly $290 million in fresh capital. Additional strength came from Grayscale’s Bitcoin Mini Trust and Fidelity’s FBTC, while Valkyrie’s BRRR logged a more modest entry.

The only major setback in the bitcoin camp came from Ark 21Shares’ ARKB, which registered outflows of almost $28 million. Still, the broader market picture remained firmly positive, with total trading value steady at $2.78 billion and net assets in bitcoin ETFs climbing to $145.25 billion.

Ether Struggles Amid Heavy Redemptions

Ether ETFs, by contrast, ended the day deep in red. The sector suffered $38 million in outflows, continuing a trend of investor caution. While funds such as Fidelity’s FETH, Grayscale’s Ether Mini Trust, and Bitwise’s ETHW managed to attract new capital, these gains were overshadowed by a massive $151 million withdrawal from Blackrock’s ETHA.

Total trading value for ether ETFs reached $2.07 billion, with overall net assets holding at $29.21 billion. The repeated losses underline ongoing uncertainty around ETH, particularly as the market weighs its role relative to bitcoin’s institutional narrative.

Divergence in Institutional Sentiment

The split between bitcoin and ether performance highlights a broader shift in market sentiment. Bitcoin has now recorded inflows in six of the past seven sessions, reinforcing its reputation as the preferred institutional asset. Ether, meanwhile, continues to face headwinds, with persistent redemptions suggesting investors remain cautious about its near-term prospects.