Bitcoin ETFs Pull In $119 Million as Ether Funds Extend Outflows

U.S. spot Bitcoin (BTC) exchange-traded funds recorded $119 million in net inflows Tuesday, even as Bitcoin’s price fell, while Ether (ETH) funds extended their outflow streak to six sessions.

The inflow reversed Monday’s $90 million withdrawal from Bitcoin ETFs. Bitcoin dropped from above $86,600 to below $84,000 during Tuesday’s trading, and stood at $83,971, down 2.1% over 24 hours, at the latest update.

Ether ETFs faced heavier selling. The funds recorded $202 million in outflows Tuesday, sharply above Monday’s roughly $51 million withdrawal. Total outflows over the six-session stretch reached about $408 million.

Flows across other crypto ETFs were mixed. XRP funds attracted $3.1 million, while Solana (SOL) funds recorded $3.7 million in outflows. Zcash (ZEC) funds had no net flow after posting withdrawals in each of the prior two sessions.

The contrasting flows show stronger demand for Bitcoin funds than Ether funds during a broader market decline, but the data does not establish whether the gap will persist.