Ethereum ETFs Lose $201.9 Million As Bitcoin Funds Return To Inflows

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. TL;DR: US spot Ethereum ETFs recorded $201.9 million in net outflows on October 6, according to Farside Investors. Bitcoin ETFs moved the other way with roughly $118.8 million of net inflows, creating a sharp one-day divergence between institutional flows into the two largest crypto assets. Ethereum’s US spot ETFs just suffered their heaviest day of withdrawals in weeks. Data from Farside Investors shows the group recorded $201.9 million in net outflows on October 6, extending a difficult start to the month for Ether investment products. The entire daily outflow shown by Farside came from BlackRock’s ETHA, while the other tracked products recorded no net movement for the session. The size of the withdrawal stands out on its own. But the contrast with Bitcoin makes the session more notable. US spot...