
On September 11, institutional investors shifted funds from Bitcoin ETFs, which saw $13.29 million in outflows, to Ethereum ETFs, which gained $216 million. This rotation suggests a change in preference rather than a broad market exit, with Bitcoin ETFs having already experienced significant outflows earlier that week. Despite short-term volatility, Bitcoin ETFs have accumulated over $55 billion since their US launch in 2024, indicating ongoing structural demand. The movement reflects market sensitivity to inflation data and Federal Reserve events, highlighting that ETF structures do not eliminate asset volatility.