US spot Bitcoin exchange-traded funds (ETFs) extended their net inflow streak to a ninth consecutive trading day on Tuesday, while Ether and Zcash funds flipped to outflows, according to data from SoSoValue.

Bitcoin ETFs attracted $66.2 million on the day, bringing net inflows over the winning streak to roughly $3.1 billion. The year-to-date net inflows rose to about $1 billion. Net flow tallies capture the difference between money entering and leaving the funds in a single session, which is what turns a multi-day streak into a running record of how steadily investors have been adding.

Spot Ether ETFs ended their own seven-day inflow streak, posting roughly $3 million in net outflows on Tuesday, per SoSoValue data. The funds had attracted more than $851 million during the seven sessions, lifting cumulative net inflows to approximately $14 billion.

Earlier in the week, Zcash ETFs snapped a six-day inflow streak after recording $8 million in net outflows on Monday. ZEC is the native token of the privacy-focused Zcash blockchain. Taken together, the flows point to a split in fund demand, with Bitcoin products still drawing new money while Ether and Zcash funds saw investors pull back.

Spot Bitcoin ETFs, which began trading in the United States in January 2024, hold the underlying asset directly and have become a principal channel for institutional and retail exposure to Bitcoin. Spot Ether ETFs followed in July 2024, and daily flow data from providers such as SoSoValue has since become a widely watched gauge of fund demand.

Elsewhere in the market, Bitcoin traded at about $83,567 at the time of publication, down 0.4% over the past 24 hours, according to CoinGecko. Crypto market sentiment also softened slightly, with Alternative.me's Crypto Fear & Greed Index slipping to 71 from 73 a day earlier while remaining in “Greed” territory.

"The rise in crude prices is capping non-yielding assets, so Bitcoin's rally has taken a bit of a pause," Kyle Rodda, senior financial market analyst at Capital.com, told Cointelegraph.

Rodda added that Bitcoin could struggle to regain upward momentum while energy-price risks persist, although its technical picture remained “quite constructive.” Upcoming daily flow prints will show whether Bitcoin's streak stretches to a tenth session and whether Ether funds return to net buying, with Rodda's energy-price caveat the near-term variable he flagged.

Source: Cointelegraph