The consistency of these inflows contrasts sharply with August, when the same funds suffered $751 million in outflows.
While Bitcoin products have attracted significant fresh capital this month, Ethereum investment vehicles have recorded over $550 million in outflows over the same period.
According to him:
“ETH inflows have slowed considerably, while BTC saw a meaningful spike in institutional buying yesterday. The smart money appears to be rotating back into BTC, possibly taking a breather from ETH beta after its recent run.”
According to him:
“Since early 2024 and the US ETF approvals, daily net flows have shown a significantly stronger correlation with subsequent returns, underscoring the extent to which institutionalized demand via ETPs now shapes price discovery.”
Considering this, Dragosch stressed that:
“Bitcoin ETPs have become far more than an investor convenience. They are now a crucial determinant of market liquidity, performance, and the evolution of Bitcoin’s broader ecosystem.”
