Don't want to trade it yourself?
Our desk runs DEX portfolios on profit share.
US spot Bitcoin exchange-traded funds (ETFs) reversed course last week, posting more than $460 million in net withdrawals after three straight weeks of inflows. Ethereum products moved in the opposite direction, finishing the same holiday-shortened stretch with nearly $200 million in net creations.
The Bitcoin selloff spanned all four sessions from Tuesday through Friday. Redemptions started modestly after the Labor Day close, then accelerated midweek.
Thursday produced the heaviest single-day withdrawal, at roughly $283 million—the largest daily drop since July 2026.
Friday’s figure slowed sharply but still left the complex in the red for a fourth consecutive trading day.
Product-level data show the pressure was concentrated in a handful of large funds.
ARK 21Shares Bitcoin ETF (ARKB) accounted for the biggest weekly redemption, at about $234 million, including a $164 million outflow on Thursday alone.
Grayscale’s Bitcoin Trust ETF (GBTC) followed with roughly $129 million in net withdrawals.
BlackRock’s iShares Bitcoin Trust (IBIT) and Fidelity’s Wise Origin Bitcoin Fund (FBTC) also finished negative for the week, shedding about $53 million and $51 million, respectively.
A few smaller products, including Morgan Stanley’s MSBT, recorded modest inflows that only partially offset the larger redemptions.
The weekly reversal did not erase September’s earlier gains.
Through Friday, spot Bitcoin ETFs remained net positive for the month by a little more than $300 million.
Cumulative inflows since the January 2024 launches still sit above $55 billion.
Ethereum funds told a different story.
After mixed or slightly negative sessions early in the week, a late surge flipped the group firmly into inflow territory.
Friday’s $216 million of creations more than offset earlier redemptions and produced a weekly net of nearly $197 million.
That extended Ethereum ETFs’ streak of positive weeks.BlackRock’s iShares Ethereum Trust (ETHA) supplied most of the buying.
The fund took in about $149 million on Friday and finished the week as the clear leader among Ether products.
Other issuers contributed smaller positive figures, helping the category post its fourth consecutive week of net inflows even as Bitcoin vehicles saw selling.
The split in flows highlights how institutional demand can diverge even among the two largest crypto assets.
Bitcoin products absorbed profit-taking after a strong late-August and early-September run, while Ethereum funds attracted fresh capital, particularly into BlackRock’s vehicle.
Market participants will watch whether the Bitcoin outflows prove temporary or mark a broader pause in risk appetite as investors digest inflation data and the next Federal Reserve meeting.
Flow figures remain subject to revision as issuers finalize daily creation and redemption reports. Still, the week’s pattern is clear: Bitcoin ETFs gave back part of their recent gains, while EthereumETFs kept drawing money.
Have a crowdfunding offering you’d like to share? Submit an offering for consideration using our Submit a Tip form and we may share it on our site!
Source: www.crowdfundinsider.com