Crypto ETFs lose $610.7 million as Ethereum outflows overtake Bitcoin

U.S. crypto ETFs tracked across five Farside Investors tables have recorded $610.7 million in net outflows during Oct. 12–16, with Ethereum funds losing more money than Bitcoin products. $610.7 million left the five tracked ETF categories, down from $1.29 billion the previous week. Ethereum ETFs lost $320.1 million, with BlackRock’s ETHA accounting for $299 million. Bitcoin funds recorded $228.4 million in withdrawals despite two positive trading sessions. Solana, Zcash and Hyperliquid products lost a combined $62.2 million during the five-session period.

Source: crypto.news