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BTC vs ETH — capital flows are telling a different story. From Sept. 8–11, Bitcoin ETFs recorded roughly $462.7M in net outflows, while Ethereum ETFs attracted nearly $196.9M. More notably, ETH ETFs pulled in $216.4M on Sept. 11 alone, even as BTC ETFs remained under pressure. This isn’t enough to confirm capital is leaving BTC for ETH. But if this divergence persists, it could signal a meaningful liquidity rotation. I’ll watch the next sessions before drawing a conclusion.