The reversal starkly contrasts the prior month, when the products shed more than $750 million amid a rotation into Ethereum-based ETFs.
In August, investors allocated roughly $3.87 billion into Ethereum ETFs, while Bitcoin products struggled.
This month, however, Bitcoin ETFs have already attracted $3.14 billion compared to just $148 million for Ethereum. Last week alone, BTC ETFs brought in $2.4 billion globally, far surpassing Ethereum’s $646 million.
The turnaround appears to be fueled by growing institutional conviction. Market participants point to regulatory clarity efforts and an expanded lineup of large financial institutions offering Bitcoin access as catalysts.
As a result, this scale of adoption has boosted BTC ETFs’ overall market performance.
