Ethereum ETF experiences $61.7M outflow while Bitcoin ETFs gain $292M.
In recent Ethereum news, Robert Kiyosaki has criticized mutual funds and ETF as investments “for losers” as Ethereum (ETH) ETF products face outflows.
It is noteworthy that Ethereum ETFs recorded $61.7 million in net outflows on September 16 and contrast sharply with Bitcoin ETFs.
Robert Kiyosaki has doubled down on his criticism of mutual funds and ETFs. He termed them investments “for losers” in a recent X post.
The Rich Dad Poor Dad author referenced information from friend Andy Schectman about Trump’s August 7 Executive Order expanding 401k investment access.
The order allows investors to include real estate, private equity, crypto, and precious metals under tax-advantaged accounts.
Kiyosaki emphasized the Executive Order treats investors like “adults” and also requires more education and homework.
He warned that “mom and pop investors” should stick with traditional mutual funds and ETFs if unwilling to study alternative investments.
The author expressed satisfaction that Trump’s policy makes his gold, silver, and Bitcoin holdings more valuable.
The timing of Kiyosaki’s comments coincides with mixed performance across crypto ETF products. While Bitcoin ETFs continue to bring in institutional flows, Ethereum ETF products face selling pressure from investors.
Ethereum ETF products experienced $61.74 million in net outflows on September 16. This a reversal from recent positive flows.
The outflow followed strong performance on September 15 when Ethereum ETFs recorded $359.73 million in inflows.
Cumulative inflows remain positive at $13.66 billion with $29.60 billion in total net assets.
BlackRock’s ETHA led the outflows with $20.34 million in redemptions and 4.54K ETH sold. Fidelity’s FETH recorded the largest single outflow of $48.15 million with 10.74K ETH redemptions.
Several other Ethereum ETF products showed zero activity during the volatile trading session.
Bitcoin ETFs show opposite momentum with $292.27 million in positive inflows on the same day. Total net assets for Bitcoin ETF products reached $153.78 billion with cumulative inflows of $57.38 billion.
Trading volume for Bitcoin ETFs also hit $2.95 billion compared to $1.70 billion for Ethereum products.
Historical data shows Ethereum ETF flows remain volatile with major day-to-day swings. September 12 recorded $405.55 million in inflows before the recent reversal.
Crypto Lord has identified key levels for the Ethereum price with targets extending toward new all-time highs.
The analyst notes ETH remains “waiting for that break of structure” before starting the next major upward move.
Monday’s selling pressure appears to be a “shakeout before buyers step back in and take control.”
The chart shared by the analyst shows Ethereum price targeting $6,000 as the first major objective above current levels.
A secondary target extends to $7,000 based on the projected breakout structure. These levels are a major jump from the current ETH price around $4,400-$4,500.
Michaël van de Poppe has shared $4,400 as the “crucial area” that Ethereum price must hold for continued bullish price action.
The analyst shared plans to buy dips if the ETH price falls into marked support zones.
Ethereum ETF performance could influence technical breakout timing and sustainability. Continued institutional selling might pressure Ethereum price below key support levels.
Conversely, renewed ETF demand could provide the catalyst needed for the move toward $6,000-$7,000 targets.
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