Crypto ETF Flows Split as Bitcoin Gains $82.9m, Ethereum Bleeds
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10 Articles
Crypto ETF flows split as Bitcoin gains $82.9m, Ethereum bleeds
U.S. Bitcoin ETFs recorded provisional net inflows of $82.9 million for Sep. 28–Oct. 2, while Ethereum ETFs posted $118 million in net outflows, according to Farside Investors. Bitcoin’s reported weekly intake fell sharply from $2.39 billion in the preceding week.…
Bitcoin ETFs Took In a Provisional $82.9 Million This Week After $2.39 Billion the Week Before
U.S. spot Bitcoin ETFs took in a provisional $82.9 million in the week ended October 2, almost completely stalling after attracting $2.39 billion the week before, while spot Ether ETFs swung from nearly $690 million of inflows to roughly $118 million of withdrawals. The totals are not yet final. Farside Investors still showed no Friday flow figure for BlackRock's IBIT when FinanceFeeds checked the data on October 4. BlackRock's ETHA and ETHB fig…
Ethereum’s US ETFs recorded US$118 million outflows between September 29 and October 1, after capturing US$690 million the week before. The contrast with Bitcoin’s inflows points to a specific loss of momentum for ETH, although products still retain US$17.7 billion in assets.
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