Ethereum ETFs Inflow $216M as Bitcoin Outflows Continue
finance.yahoo.com reports that US spot Ethereum ETFs attracted $216 million on September 11, reversing a $24 million outflow from September 9. This fresh buying coincided with a 3% price increase for Ether, aligning spot demand with ETF inflows. Conversely, Bitcoin ETFs recorded a $13.29 million net outflow on their fourth consecutive day of redemptions.
This follows a week ending September 4 that saw nearly $987 million in inflows, marking a sharp reversal for the category. Bitcoin trades near $77,293.66, down 11.73% since January 1 and 33.48% over the past year. The category remains approximately $1 billion short of break-even for 2026.
US spot XRP ETFs showed $0.00 in net flows on September 11 despite $36 million in secondary market trading. This zero net flow indicates no new shares were created or redeemed, reflecting immature infrastructure rather than weak demand. Cumulative XRP net inflows stand at $1.70 billion against net assets of $1.45 billion. The same firms that bought Bitcoin through early September have now sold for four straight sessions.
How the market reacted
Whalio's own Binance spot order flow for ETH, measured when this story was written up on 12 September 2026. Not the outlet's figures.
Whalio data shows Ethereum trading at $2,516.43 with a 1-hour buy ratio of 52.0% and a 4-hour ratio of 52.3%. These short-term figures exceed the 24-hour buy ratio of 50.4%, suggesting buying pressure is building rather than fading. The 1-hour volume delta is positive at $376,765, while the 4-hour delta reaches $4,028,226. This indicates that recent trades are favoring buyers more strongly than the full day average. However, the 24-hour CVD closed at -$11,923,025, showing that cumulative volume over the full day still favored sellers. Net buying occurred for 11 of the last 24 hours.
The latest daily buy ratio of 46.8% sits at the 16th percentile of the last 322 days, against a median of 49.5% - weaker buying than most days.
Was that an ordinary day?
The same Binance spot measurements for ETH, averaged over the days leading up to the story.
Over the preceding week, the average buy ratio was 48.7%, making the current 24-hour ratio of 50.4% an unusual shift toward buying. Spot volume over the last 24 hours was $1,625,504,457, which is 2.40 times the weekly average volume. This surge in activity contrasts with the week's total volume delta of -$123,442,894. While the recent short-term metrics show improved buying interest, the broader weekly trend remains net negative. Only one day of the preceding seven saw net buying, highlighting the recent shift in momentum.