Bitcoin and Ethereum ETFs Suffer Massive $244M Outflow Amid Second Straight Day of Outflows

Bitcoin and Ethereum exchange-traded funds (ETFs) recorded a combined $244 million in outflows on September 23, marking the second consecutive day of investor ￰1￱ follows a sharp $439 million exit the previous day, as investors repositioned around the Federal Reserve’s recent rate cut and upcoming ￰2￱ ￰3￱ Flows Highlight Investor Caution With Bitcoin and Ethereum Facing Daily According to data from SoSoValue, Bitcoin spot ETFs saw net outflows of $103.6 million on ￰4￱ ETFs Analytics September 23) September 23, 2025 According to Leon Waidmann, head of research at the Onchain Foundation, BlackRock’s Bitcoin ETFs account for $218 million of that figure, while Ethereum products contribute $42 million.

“This isn’t experimentation anymore,” Waidmann said, noting that the firm has turned crypto ETFs into a revenue stream on par with established financial ￰5￱ suggest that BlackRock’s success will set a benchmark for pension funds, sovereign wealth funds, and insurance companies considering exposure to digital assets. Bloomberg’s senior ETF analyst Eric Balchunas highlighted the structural advantages of crypto ETFs, which combine instant access, low costs, and yield potential with regulatory protection and anonymity, benefits not typically associated with direct token ￰6￱ have everything tokens offer: instant access, miniscule costs, flexibility, yield (you can totally lend out ETFs).

But with added benefits that tokens don't have: regulatory protections (huge), anonymity and a 1-800 number *immediately mutes conversation lol* ￰0￱ — Eric Balchunas (@EricBalchunas) September 24, 2025 Market conditions remain ￰7￱ traded at $113,717 on Monday, up 0.9% in the past 24 hours but moving within a tight range between $111,369 and $113,301. Ethereum slipped 0.4% to $4,173.88, marking a 7.1% decline over the past ￰8￱ short-term volatility, some industry leaders see rising institutional demand as a long-term price driver. Strategy’s Michael Saylor told CNBC that ETFs and corporations are collectively buying far more Bitcoin than miners produce daily, creating sustained upward pressure.

Citigroup, however, is cautious on Ethereum, projecting a year-end target of $4,300, well below its $4,953 all-time high reached in August.