US-listed Bitcoin ETFs have attracted nearly $2 billion in inflows this September, marking a dramatic reversal from August’s heavy redemptions. The surge highlights a notable shift in investor preference from Ethereum back to Bitcoin. This trend underscores ETFs’ growing influence on cryptocurrency price discovery and market dynamics.
- Bitcoin ETFs attracted $1.7 billion in just the past four trading sessions, showing accelerated institutional buying momentum
- Daily net ETF flows have become the strongest correlation with Bitcoin's price returns since US regulatory approval in early 2024
- The shift represents a rotation from Ethereum products, which saw $550 million in outflows during the same September period
📎 Related coverage from: cryptoslate.com
