Bitcoin spot ETFs see $203M net outflows, Ethereum ETFs lose $432M

Ether funds shed more than twice as much as Bitcoin products last week, capping a rough October for crypto ETFs US spot crypto ETFs had a week investors would probably like to forget. Bitcoin spot ETFs posted $203 million in net outflows last week, while Ethereum spot ETFs lost $432 million. The Ethereum figure is the one worth staring at. Ether funds bled more than twice as much as their Bitcoin counterparts, even though the Bitcoin products are far larger. A heavy week inside a heavy month For Bitcoin ETFs, total October outflows were approaching $516 million. That is real money, though it was spread across a month of uneven trading rather than one dramatic selloff. Ethereum’s October looked considerably worse. Ether ETFs recorded more than $1.6 billion in outflows for the month. Taken together, monthly outflows across both asset classes cleared $1 billion. The most telling detail is the streak. Ethereum ETFs logged up to 23 consecutive days of outflows in October, the longest such run for the products. Bitcoin’s flows, by contrast, were more mixed. Money moved in and out on different days rather than draining in one direction. The scoreboard since launch US spot Bitcoin ETFs lau...