Bitcoin ETFs drew in $241.1 million last week, marking a third straight week of inflows, while Ether ETFs lost $138 million as investors pulled money out. The shift comes as crypto market sentiment softens and several altcoin funds move in opposite directions.
The numbers come from SoSoValue data, which tracks ETF flows across the industry. Bitcoin funds added $2.4 billion and $6.2 million the two weeks before that, bringing cumulative net inflows to $57.8 billion.
Ether ETFs swung the other way. They recorded $138 million in weekly net outflows after attracting $690 million the week before. Year-to-date net inflows remain at about $1.5 billion, according to SoSoValue.
What the Funds Actually Did
The pattern is simple: Bitcoin ETFs kept drawing money in, while Ether ETFs pushed money out. Among altcoins, Zcash funds posted their first weekly outflow on record, losing around $94 million. Solana and XRP ETFs held steady, adding $2.4 million and $4.7 million respectively.
The contrast between Bitcoin and Ether is the story here. One fund group keeps gaining money; the other keeps losing it.
Price Action and Market Sentiment
Bitcoin traded at about $86,200 at the time of publication, up 3.7% over the past seven days, according to CoinGecko. Ether traded at about $2,727, up 3% over the same period.
Crypto market sentiment also cooled. Alternative.me’s Crypto Fear & Greed Index stayed in “Greed” territory at 70, down from 74.
| Fund | Last Week | Cumulative |
|---|---|---|
| Bitcoin ETFs | +$241.1M inflow | ~$57.8B inflow |
| Ether ETFs | -$138M outflow | ~$1.5B inflow |
| Zcash funds | -$94M outflow | N/A |
| Solana ETFs | +$2.4M inflow | N/A |
| XRP ETFs | +$4.7M inflow | N/A |
What This Might Mean
The inflows into Bitcoin ETFs suggest continued institutional demand for the dominant cryptocurrency. The outflows from Ether ETFs raise questions about the direction of investor interest.
Zcash’s first-ever weekly outflow is notable on its own terms. The fund had never recorded a weekly outflow before, and losing $94 million in a single week is a new development for the fund.
The price gains for both coins — Bitcoin up 3.7%, Ether up 3% — suggest demand is still present somewhere in the market. Whether that demand lands in ETFs or elsewhere is harder to say.
Related Reading
CoinShares published a separate piece titled “Bitcoin ETF inflows leave institutional demand unclear,” which explores what the inflows might signal about broader investor appetite. The title suggests the firm sees ambiguity in the numbers, even as the direction of flows is clear.
The data shows a market split between Bitcoin and Ether. Bitcoin ETFs keep pulling in money, while Ether ETFs push it out.
Whether this is a lasting trend or a passing blip remains to be seen. For now, the funds themselves are telling a simple story: Bitcoin is winning the ETF game, and Ether is losing it.
See the a run of 16 images at Cointelegraph.
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