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Bitcoin ETFs Bleed $91 Million as Ether ETFs Pull in $82 Million in Single-Day Rotation
Crypto Insight Summary: U.S. spot Bitcoin exchange-traded funds recorded $91 million in net outflows on a single trading day, ending a multi-day streak of inflows. The largest withdrawals came from BlackRock's IBIT and Fidelity's FBTC, while ARKB and BITB also saw outflows. Grayscale's GBTC and HODL recorded no net change for the session. Simultaneously, U.S. spot Ether ETFs attracted $82 million in net inflows, marking a second consecutive day of positive flows. BlackRock's ETHA led Ether ETF inflows with $37.5 million, followed by Fidelity's FETH at $17.7 million. The movement reflects a capital rotation between Bitcoin and Ether ETFs rather than a broader exit from crypto investment products. The total trading volumes across the 11 spot Bitcoin ETFs reached $2.2 billion, while the 9 spot Ether ETFs saw $1.1 billion in combined volume. Net assets for Bitcoin ETFs stand at $61.7 billion, with Ether ETFs holding $6.6 billion. Crypto Insight Analysis: Direction: Bearish BTC / Bullish ETH Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Capital rotation from BTC to ETH ETFs suggests short-term sentiment shift, not a major market trend.