Spot Bitcoin ETFs Draw Over $2 Billion Inflows As Ethereum ETFs Turn Green Again – Details
US-based spot Bitcoin ETFs recorded $2.1 billion in net inflows over the past week, with $555.86 million on October 14, the highest daily inflow since June. Total weekly inflows reached $2.18 billion, the fourth-highest since launch. BlackRock’s IBIT led with over $1.14 billion in inflows, followed by Fidelity’s FBTC at $318.82 million and Bitwise’s BITB at $149.81 million. Grayscale’s GBTC ended a 21-week outflow streak with $91.47 million in inflows. Cumulative net inflows for Bitcoin ETFs stand at $20.98 billion, with total net assets of $66.11 billion, representing 4.89% of Bitcoin's market cap. Spot Ethereum ETFs saw positive inflows of $78.98 million, marking their third positive week in thirteen weeks. BlackRock’s ETHA accounted for $49.76 million, while Fidelity’s FETH attracted $43.52 million. Cumulative net outflows for Ethereum ETFs total $479.99 million, holding 2.31% of Ethereum's market cap at $7.35 billion. Bitcoin is valued at $68,168, and Ethereum at $2,649.
