Crypto ETF Flows This Week: Bitcoin Funds Net $301 Million…
By Abdelaziz Fathi
AI summary of the source article
US spot Bitcoin ETFs recorded approximately $301.2 million in net inflows for the week ending October 23, ending a two-week outflow streak. Meanwhile, Ethereum ETFs posted $220.7 million in net withdrawals, extending their losing streak to four weeks.
Why it matters
The divergence highlights how crypto ETF flows can differ substantially across assets and issuers even during the same trading session.
Key facts
- US spot Bitcoin ETFs saw $301.2 million in weekly net inflows, led by $565.7 million into BlackRock's IBIT.
- Ethereum ETFs lost approximately $220.7 million over the five-session week, marking four consecutive weeks of outflows.
- Solana ETFs recorded about $17.6 million in five-day withdrawals, while XRP spot ETFs attracted $3.55 million on October 22.
Source excerpt · FinanceFeeds
US spot Bitcoin ETFs finished the week ending October 23 with approximately $301.2 million in net inflows, reversing two consecutive weeks of withdrawals despite a $635.6 million exodus on Thursday and another $137.9 million leaving on Friday. The recovery was narrowly supported by BlackRock's iShares Bitcoin Trust (IBIT), which attracted $565.7 million over five sessions while the remaining Bitco…