Ethereum ETFs Snap 7-Day Inflow Streak as Bitcoin Funds Keep Buying

Crypto Insight Summary: US spot Ethereum (ETH) exchange-traded funds (ETFs) recorded $2.81 million in net outflows on September 29. The move ended a 7-day inflow streak that had brought roughly $850.8 million into the products. Bitcoin (BTC) ETFs moved in the opposite direction on the same day. They took in $66.19 million, extending their own inflow run to Crypto Insight Analysis: Direction: Bearish ETH / Bullish BTC Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: ETH ETF outflows signal short-term bearish sentiment, while BTC inflows indicate continued institutional demand.