US Spot Bitcoin and Ethereum ETFs Record Outflows, Solana Sees Gains
Spot Bitcoin ETFs drew $446 million in weekly inflows, while Ethereum funds saw $243.9 million in net outflows, marking a second consecutive week of declining ETH demand.
BTC
ETH
Summary
Spot Bitcoin ETFs recorded $446 million in weekly net inflows, reflecting strengthened institutional confidence in BTC. Ether-based spot ETFs, however, posted $243.9 million in total net outflows for the week ending October 25, their second consecutive week of losses. The figures, reported by Farside, highlight diverging sentiment between Bitcoin and Ethereum among institutional investors.
Terms & Concepts
- Spot ETF: An exchange-traded fund that directly holds the underlying asset, such as Bitcoin or Ethereum, rather than derivatives.
- Net Inflow: The net amount of capital entering an investment product, indicating increased investor interest or exposure.