Ethereum-based exchange-traded funds (ETFs) are losing traction as investor demand cools, marking a second consecutive week of outflows. In contrast, Bitcoin ETFs are experiencing a strong resurgence, drawing hundreds of millions in new capital as institutional investors rotate back into the market’s leading digital asset. The diverging flows highlight a shift in sentiment, with traders favoring Bitcoin’s relative stability over Ethereum’s recent weakness.
According to data from SoSoValue, Ether ETFs posted $243.9 million in net redemptions for the week ending Friday, following $311 million in outflows the previous week. The back-to-back withdrawals mark a clear reversal after months of steady inflows earlier this year. On Friday alone, Ether ETFs recorded $93.6 million in redemptions.
Meanwhile, key Ether ETF performance for the week included:
The total trading volume across Ether ETFs reached $1.41 billion for the week, signaling a decline in activity compared to prior periods of elevated demand.
While Ethereum-focused products continue to lag, spot Bitcoin ETFs have rebounded sharply. The funds attracted $446 million in net inflows for the week, signaling renewed institutional enthusiasm.
Friday’s data shows that:
Following this strong performance, total net assets of Bitcoin investment vehicles stand at $149.96 billion, representing about 6.78% of Bitcoin’s market cap. Meanwhile, total trading volume among Bitcoin ETFs reached $3.34 billion for the week.
Vincent Liu, Chief Investment Officer at Kronos Research, said the latest trends show a clear shift toward Bitcoin as investors favor its digital gold appeal during a period of global market uncertainty. He noted that Bitcoin’s resilience, combined with expectations of monetary easing, has strengthened its appeal as a store of value.
In contrast, Ethereum’s ongoing ETF outflows highlight softening demand and declining on-chain activity. Liu added that institutional investors may be waiting for clearer catalysts before re-entering the Ether market.
At the time of writing, Bitcoin trades at $111,383, while Ethereum stands at $3,948 — both showing limited movements as markets await next week’s macroeconomic developments.
