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Ethereum

Ether ETFs Lose $220.7 Million as Bitcoin Funds Add $301.2 Million

Image: TokenPost

U.S. spot Ether (ETH) ETFs recorded a provisional $220.7 million net outflow across the Oct. 19-23 trading sessions, contrasting with a net gain for Bitcoin funds over the same period. Ether funds had net withdrawals on Oct. 19, 20 and 22: $103.3 million, $26.1 million and $110.6 million. Inflows of $14.9 million on Oct. 21 and $4.4 million on Oct. 23 partly offset those withdrawals. U.S. spot Bitcoin (BTC) ETFs ended the five sessions with a provisional $301.2 million net inflow . They gained $1.0747 billion over the first three sessions, then recorded $773.5 million in net withdrawals over the final two. Both totals may be incomplete. VanEck’s HODL Bitcoin ETF and ETHV Ether ETF had dashes for Oct. 23. Enna Lee reports on investing and digital-asset markets for TokenPost.

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