Amid macroeconomic uncertainties, there has been a significant capital shift from Ethereum ETFs to Bitcoin ETFs. Outflows from Ethereum ETFs amounted to nearly $788 million, while Bitcoin ETFs recorded inflows of up to $250 million from September 1 to 5, 2025.
Outflows from Ethereum ETFs
Starting in September 2025, Ethereum ETFs faced significant capital outflows totaling **$787-788 million** over four days. Key players in this trend included **BlackRock**, **Fidelity**, and **Grayscale**, leading to a considerable decline in Ethereum ETF holdings.
Inflows to Bitcoin ETFs
Conversely, Bitcoin ETFs became a destination for capital inflows, attracting about **$246-250 million** during the same period. This trend indicates increased investor interest in Bitcoin as a more stable asset amid waning appeal of Ethereum.
Market Climate in Cryptocurrency
The capital movements underscore the harsh conditions investors are facing and their tendency to avoid risks. As noted by **Konstantin Anissimov, Global CEO of Currency.com**, "I think the speed of ETH spot ETFs outflow is as telling as its size. Just recently, in August, the same funds pulled in close to $3.9 billion. Now, it looks like investors are moving out."
Current shifts in ETF dynamics may indicate investor caution towards riskier assets. In light of macroeconomic factors, Bitcoin continues to be seen as a potential store of value.
