Bitcoin, Ether ETFs Lose $1.2 Billion as Institutional Demand Cracks

U.S. crypto ETF demand reversed sharply in the week through Oct. 9, with bitcoin and ether funds losing more than $1.2 billion combined. Solana also snapped a 14-week inflow streak, while XRP and NEAR emerged as rare pockets of demand. Bitcoin ETFs recorded $681 million in net outflows, ending three consecutive positive weeks. Ether funds lost another $542 million, their largest weekly withdrawal since January. The timing was striking. Oil climbed back above $100 a barrel, Treasury yields pressed higher, and concerns over inflation returned to the center of global markets.

Source: Bitcoin.com News