Ethereum ETFs End Inflow Streak as Bitcoin Funds Keep Buying
After seven straight days of inflows, U.S. spot ETH funds turned slightly negative, while Bitcoin ETFs kept buying. BlackRock and Grayscale remained the biggest names in the money flows.
Key Takeaways
- U.S. spot Ethereum ETFs posted $2.81 million in net outflows on September 29 after seven days of inflows.
- Bitcoin ETFs pulled in $66.19 million on the same day and extended their inflow streak to nine trading days.
- Ethereum ETFs manage $17.79 billion in net assets and saw a net $979.69 million in inflows over the past 30 days.
The U.S. spot Ethereum ETFs posted $2.81 million (€2.5 million) in net outflows on September 29, ending a seven-day streak of inflows. During that stretch, about $850.8 million (€749 million) flowed into the funds. Bitcoin ETFs moved in the opposite direction and pulled in $66.19 million (€58.3 million) that same day, marking nine straight sessions of inflows.
Ethereum Loses Momentum
The inflow streak started on September 18, after three days of outflows between September 15 and 17. During those three sessions, about $404.8 million (€356 million) left the funds. September 21 was the biggest day of the streak, when Ethereum ETFs took in $269.98 million (€238 million).
After that, the pace slowed. By September 28, daily inflows had already dropped to $17.1 million (€15.1 million), before the funds slipped back into the red a day later. BlackRock's ETHA saw the biggest outflow on September 29 at $8.94 million (€7.9 million), while Grayscale's Ethereum Mini Trust brought in $12.83 million (€11.3 million). That kept the total loss limited.
Bitcoin Keeps Attracting Money
Bitcoin ETFs showed a different picture on the same day. The funds brought in $66.19 million (€58.3 million) and extended their inflow streak to nine trading days. Based on the available figures, about $3.08 billion (€2.7 billion) came in during that period.
That contrast stands out because Ethereum and Bitcoin were both down during the same week. ETH fell 3.32% over seven days to $2,673.54 (€2,350), while BTC lost 3.78% and traded around $83,359 (€73,400). So the ETF money flows did not move in step with the price action.
What This Means for Investors
For European crypto followers, this mainly shows how quickly demand for spot ETFs can flip. Ethereum ETFs have already seen strong inflows and outflows several times in 2026, including a $144 million (€127 million) daily inflow on September 18. Those swings make it clear that interest in ETH investment products is still changing, even when the broader crypto market looks calmer.
Ethereum ETFs now hold $17.79 billion (€15.7 billion) in net assets, equal to 5.45% of Ethereum's market cap. Over the past 30 days, net inflows totaled $979.69 million (€863 million). The first numbers from this week show $14.29 million (€12.6 million) in inflows, so there is no clear new trend yet, but money is still moving in for now.
