Crypto ETF Week — Sep 7–11, 2026: net -$258.8M
The week of September 7–11, 2026, saw net outflows of -$258.8M in crypto ETFs, primarily driven by BTC. Meanwhile, ETH attracted significant inflows.
TL;DR
- Net flow: -$258.8M
- Total inflows: +$286.2M
- Total outflows: -$545.0M
- Strongest day: Sep 11 (+$194.7M) · Weakest day: Sep 10 (-$303.7M)
Weekly Overview
During the week of September 7–11, 2026, net flows into spot crypto ETFs amounted to -$258.8M, with nine of the tracked assets showing activity. The flows were heavily influenced by BTC's significant outflows, which overshadowed the inflows from ETH and several other assets.
Flows by Asset
BTC
Net: -$462.7M / Inflow: +$21.6M / Outflow: -$484.3M
| Fund | Flow |
|---|---|
| 21Shares | -$234.2M |
| Grayscale | -$129.1M |
| BlackRock | -$52.5M |
| Fidelity | -$50.7M |
| Morgan Stanley | +$19.7M |
| VanEck | -$13.1M |
| Invesco | -$4.7M |
| Bitwise | +$1.9M |
ETH
Net: +$196.9M / Inflow: +$229.9M / Outflow: -$33.0M
| Fund | Flow |
|---|---|
| BlackRock | +$139.9M |
| BlackRock ETHB | +$55.1M |
| Bitwise | +$29.1M |
| Grayscale | -$17.3M |
| Grayscale ETH | -$11.8M |
| Fidelity | -$3.9M |
| VanEck | +$3.7M |
| 21Shares | +$2.1M |
HYPE
Net: -$26.5M / Inflow: $0.0M / Outflow: -$26.5M
| Fund | Flow |
|---|---|
| Bitwise BHYP | -$20.2M |
| 21Shares THYP | -$6.3M |
XRP
Net: +$13.5M / Inflow: +$13.5M / Outflow: $0.0M
| Fund | Flow |
|---|---|
| Bitwise | +$6.6M |
| Franklin | +$4.8M |
| Grayscale | +$2.1M |
SOL
Net: +$9.7M / Inflow: +$10.9M / Outflow: -$1.2M
| Fund | Flow |
|---|---|
| Bitwise | +$9.5M |
| Grayscale | -$1.2M |
| Fidelity | +$0.9M |
| 21Shares | +$0.5M |
LINK
Net: +$5.5M / Inflow: +$5.5M / Outflow: $0.0M
| Fund | Flow |
|---|---|
| Bitwise | +$3.1M |
| Grayscale | +$2.4M |
SUI
Net: +$2.5M / Inflow: +$2.5M / Outflow: $0.0M
| Fund | Flow |
|---|---|
| 21Shares | +$2.5M |
HBAR
Net: +$1.7M / Inflow: +$1.7M / Outflow: $0.0M
| Fund | Flow |
|---|---|
| Canary | +$1.7M |
DOT
Net: +$0.7M / Inflow: +$0.7M / Outflow: $0.0M
| Fund | Flow |
|---|---|
| 21Shares | +$0.7M |
Daily Breakdown
| Date | Net flow |
|---|---|
| Sep 8 | -$82.3M |
| Sep 9 | -$67.4M |
| Sep 10 | -$303.7M |
| Sep 11 | +$194.7M |
Biggest Fund Moves
Largest inflows
- BlackRock (ETH): +$139.9M
- BlackRock ETHB (ETH): +$55.1M
- Bitwise (ETH): +$29.1M
- Morgan Stanley (BTC): +$19.7M
- Bitwise (SOL): +$9.5M
Largest outflows
- 21Shares (BTC): -$234.2M
- Grayscale (BTC): -$129.1M
- BlackRock (BTC): -$52.5M
- Fidelity (BTC): -$50.7M
- Bitwise BHYP (HYPE): -$20.2M
Market Interpretation
Institutional positioning this week revealed a strong preference for ETH, which saw inflows totaling +$229.9M, primarily driven by BlackRock's substantial contributions. In contrast, BTC experienced major outflows, notably from 21Shares and Grayscale, indicating a shift away from the asset. The best day for flows was September 11, suggesting a potential recovery, while the significant outflow on September 10 may reflect market volatility and investor caution.
Conclusion
The week concluded with a net flow figure of -$258.8M, highlighting the challenging environment for crypto ETFs. Despite the outflows, certain assets like ETH demonstrated resilience and attracted new capital.