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Bitcoin ETFs Struggle Continues as Ethereum ETFs Record Inflows on September 9

Bitcoin ETFs continue to struggle as Ethereum ETFs see inflows on September 9, according to on-chain analytics platform Lookonchain. Bitcoin ETFs experienced significant outflows, with a net flow of 2,846 BTC ($157.68M) leaving the funds. Fidelity, a prominent player in the Bitcoin ETF sector, saw massive outflows. In contrast, Ethereum ETFs recorded slight inflows, adding around 1,786 ETH ($4.11M). The Grayscale Mini Trust was a major contributor to this influx, as it received 3,062 ETH ($7.04M) and currently holds a total of 373,310 ETH. This suggests growing confidence and interest in Ethereum compared to Bitcoin.