US Bitcoin ETFs attract $137M, Ether funds see $21M outflows

Spot Bitcoin funds kept collecting cash on October 28 while spot Ether products extended a rough stretch of withdrawals US spot Bitcoin ETFs pulled in $137 million in net inflows on October 28. Spot Ethereum ETFs went the other way, shedding $21.41 million on the same day. The Bitcoin inflows were tracked by data providers including Alpha Finance and Farside Investors, according to the research findings. BlackRock’s iShares Bitcoin Trust, known by its ticker IBIT, was flagged as a leading contributor to the day’s buying. The October 28 inflow did not arrive in isolation. Bitcoin ETFs also recorded significant flows on October 26 and October 27, giving the products a run of steady demand heading into the latest session.

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