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Bitcoin

U.S. Bitcoin ETFs Post 403 BTC Net Outflow; Ether Funds Lose 12,688 ETH

Image: TokenPost

U.S. exchange-traded funds tracking Bitcoin (BTC) recorded a net outflow of 403 BTC on Oct. 21, while Ether (ETH) funds posted a net outflow of 12,688 ETH, setting up a contrast in the seven-day totals. Across the seven days through Oct. 21, Bitcoin funds had a net inflow of 2,528 BTC. That positive weekly balance remained in place despite the 403 BTC daily outflow. The daily and weekly totals cover different periods. Ether funds, in contrast, recorded a 155,122 ETH net outflow over seven days. The 12,688 ETH one-day outflow on Oct. 21 was included in that longer period. Both measures show net outflows for Ether ETFs. The figures show a split in weekly ETF flows: Bitcoin funds were net positive over seven days, while Ether funds were net negative.

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