US Bitcoin ETFs Reverse Course as Ethereum Struggles

TLDR US Bitcoin ETFs attracted $137.3 million on October 28, extending their inflow streak to three trading days. BlackRock’s IBIT led Bitcoin ETF inflows with $136 million, followed by Bitwise’s BITB at $1.3 million. Bitcoin ETFs recorded approximately $423.6 million in combined inflows between October 26 and October 28. US spot Ethereum ETFs lost $21.4 million on October 28, marking their third consecutive session of withdrawals. BlackRock’s ETHA recorded $44.8 million in outflows, while Fidelity’s FETH gained $18.8 million. Ethereum ETFs recorded approximately $170.2 million in combined withdrawals over three trading sessions. US Bitcoin ETFs recorded $137.3 million in net inflows on October 28, extending their run to three trading days.

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