Bitcoin ETFs Pull $176M as Ethereum Bleeds $60M: What’s Next?
Photo: The Coin Republic
Key Insights Bitcoin ETFs recorded $175.99 million in net inflows on Oct. 27, led by BlackRock’s $151.46 million contribution. Ethereum ETFs lost $60.22 million as BlackRock’s ETHA recorded $93.3 million in withdrawals. Bitcoin futures positioning remained mixed, with BTC trading near $81,000 and leveraged activity continuing. Bitcoin ETFs attracted $175.99 million in net inflows on Oct. 27, while Ethereum investment funds recorded fresh withdrawals. The divergence highlighted stronger demand for Bitcoin-backed investment products during the U.S. trading session. SoSoValue data showed that BlackRock’s iShares Bitcoin Trust (IBIT) accounted for most Bitcoin inflows.
Source: The Coin Republic
