Bitcoin ETFs have pulled in $3.1 billion over nine straight days of inflows, while Ether and Zcash funds turned to outflows, showing how investor appetite splits between the flagship asset and everything else.
Nine Days of Inflows
US spot Bitcoin ETFs added $66.2 million on Tuesday, according to data from SoSoValue. That brings net inflows over their winning streak to roughly $3.1 billion. The year-to-date total rose to roughly $1 billion.
The inflows have been steady throughout the stretch. Bitcoin ETFs have now attracted money for nine trading days in a row.
Ether and Zcash Flip
Not everyone joined the rush. Spot Ether ETFs ended their seven-day streak by posting roughly $3 million in net outflows on Tuesday. The funds had attracted more than $851 million during the seven sessions, bringing cumulative net inflows to about $14 billion.
Zcash funds followed a similar path. They snapped a six-day inflow streak after recording $8 million in net outflows on Monday.
The pattern is clear: Bitcoin holds the cash, while alternatives lose it.
Price and Sentiment
Bitcoin was trading at about $83,567 at the time of publication, down 0.4% over the past 24 hours. Crypto market sentiment softened slightly, with the Fear & Greed Index slipping to 71 from 73 a day earlier, while remaining in “Greed” territory.
Kyle Rodda, senior financial market analyst at Capital.com, offered a reason for the pause. “The rise in crude prices is capping non-yielding assets, so Bitcoin’s rally has taken a bit of a pause,” he told Cointelegraph.
Rodda said Bitcoin could struggle to regain upward momentum while energy-price risks persist, though its technical picture remained “quite constructive.”
What This Means
The split between Bitcoin and the rest of the space matters more than the numbers themselves. Here is what stands out:
- Bitcoin ETFs: $3.1 billion inflow streak across nine trading days
- Year-to-date inflows: roughly $1 billion
- Ether ETFs: $3 million in outflows on Tuesday after seven days of inflows
- Zcash ETFs: $8 million outflows on Monday after six days of inflows
- Market sentiment: slipped to 71 on the Fear & Greed Index, still in “Greed” territory
The contrast is stark. Bitcoin ETFs are pulling in significant cash, while even Ether funds — a major coin — are losing it. Zcash followed the same direction.
The Big Picture
The numbers paint a picture of a market where Bitcoin dominates institutional attention. When the flagship asset pulls back, the smaller ones feel it.
Rodda’s warning about energy-price risks adds weight to the outflows. He said Bitcoin could struggle to regain upward momentum while those risks persist. But he also noted that the technical picture remains “quite constructive.”
The fear gauge’s slip to 71 suggests caution, not panic. The index stayed in “Greed” territory, meaning investors are still bullish overall.
The trend is simple: Bitcoin ETFs keep growing.
Source material: “Bitcoin ETFs stretch $3.1B inflow streak as Ether funds turn red,” Cointelegraph.
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