U.S. spot Ether ETFs see $432M outflows, doubling Bitcoin ETF outflows in late October
U.S. spot Ether (ETH) exchange-traded funds experienced significant net outflows totaling $432 million over five trading days from October 26 to 30, marking the fifth consecutive week of outflows. During the same period, Bitcoin (BTC) spot ETFs saw $203 million in net outflows. Ether fund withdrawals were more than twice those of Bitcoin, highlighting a stronger investor pullback from Ether ETFs. Fidelity’s FBTC Bitcoin fund recorded the largest outflow among Bitcoin ETFs with $166 million withdrawn. This trend indicates cautious sentiment among investors towards crypto ETFs, especially Ether, in the current market environment.
U.S. spot Ether (ETH) exchange-traded funds experienced significant net outflows totaling $432 million over five trading days from October 26 to 30, marking the fifth consecutive week of outflows. During the same period, Bitcoin (BTC) spot ETFs saw $203 million in net outflows. Ether fund withdrawals were more than twice those of Bitcoin, highlighting a stronger investor pullback from Ether ETFs. Fidelity’s FBTC Bitcoin fund recorded the largest outflow among Bitcoin ETFs with $166 million withdrawn. This trend indicates cautious sentiment among investors towards crypto ETFs, especially Ether, in the current market environment.
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