Bitwise’s BITB draws $2.2 million as US Bitcoin ETFs shed $261 million

Fidelity and BlackRock led a heavy day of redemptions on October 14, while spot Ethereum ETFs lost $130 million US spot Bitcoin ETFs posted $261.4 million in net outflows on October 14, according to daily tracking data from Farside Investors. One fund broke from the pack. Bitwise’s BITB took in $2.2 million while the two largest products in the category bled cash. Bitcoin’s funds weren’t the only ones hit. Spot Ethereum ETFs recorded $130 million in net outflows on the same day, so this was a broad retreat rather than a single-asset story.

Source: Crypto Briefing