Bitcoin ETFs are crushing Ethereum ETFs

After a period of decreased institutional adoption, spot Bitcoin ( BTC ) exchange-traded funds ( ETFs ) are once again outperforming their Ethereum ( ETH ) ￰0￱ Tuesday, September 2, BTC ETFs saw $332.7 million in net inflows, led by Fidelity (FBTC) and BlackRock (IBIT), which reported $132.7 million and $72.8 million additions, ￰1￱ contrast, spot ETH ETFs posted $135.3 million in net outflows, with Fidelity (FETH) losing $99.2 million and Bitwise (ETHW) shedding $24.2 million, according to data retrieved from SoSoValue. Overall, ETFs now hold 7% of Bitcoin’s total supply, BlackRock alone commanding 746,810 BTC, a 3.7% share worth around $82.7 ￰2￱ ETF inflows.), smart contracts, and tokenization, so the brief reversal of fortune does not at all spell immediate ￰3￱ price rebounds In light of the renewed inflows, Bitcoin price rose over 2% on the daily chart, trading at $111,630 at the time of writing on Wednesday, September ￰4￱ price.