Institutional capital appears to be shifting focus, with Ethereum-based ETFs gaining momentum just as Bitcoin investment products see their first net outflows since early July.
On Monday, Bitcoin ETFs recorded a collective loss of $131 million, breaking a 12-day streak of positive flows that had added more than $6 billion to the space.
The sharpest pullback came from ARKB, managed by Ark Invest and 21Shares, which saw over $77 million in redemptions. Grayscale, Fidelity, and others also posted losses, while BlackRock’s IBIT remained flat.
Meanwhile, Ethereum ETFs quietly extended their own winning streak to 12 days. Nearly $297 million poured into ETH funds on the same day, with Fidelity and BlackRock leading the surge.
Since launching on July 24, ETH ETFs have attracted over $3.5 billion, occasionally outpacing Bitcoin products in daily flows.
Analysts suggest this marks a typical rotation — with investors rotating capital from Bitcoin into Ethereum, often a prelude to broader altcoin interest. Ethereum’s rise and a recent 5% drop in Bitcoin dominance hint that market participants may be preparing for another shift down the risk curve.
Still, whether this will spark a full-blown altcoin rally remains uncertain, especially given the dominance of institutional money in the current uptrend.
Alexander Stefanov
Reporter at Coindoo
Alex is an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience covering the crypto, blockchain, and fintech industries, he is well-versed in the complex and ever-evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His approach allows him to break down complex ideas into accessible and in-depth content. Follow his publications to stay up to date with the most important trends and topics.
Source: https://coindoo.com/ethereum-etfs-surge-as-bitcoin-funds-see-first-outflow-in-weeks/