U.S. Bitcoin ETFs Draw $526.7 Million as Ether Funds Lose $103.3 Million

U.S. spot Bitcoin (BTC) exchange-traded funds drew $526.7 million on Oct. 19, more than reversing the previous week’s net outflow, while spot Ether (ETH) funds lost $103.3 million. BlackRock’s IBIT took in $665.2 million, exceeding the Bitcoin funds’ combined net inflow. Fidelity’s FBTC recorded $83.6 million in withdrawals, and Grayscale’s GBTC lost $54.9 million. The other Bitcoin funds recorded no net flows. Ether funds posted their fourth consecutive trading day of net withdrawals. BlackRock’s ETHA lost $95.4 million, Fidelity’s FETH lost $6 million, and Grayscale’s ETHE lost $1.9 million. Both groups had finished the previous week with net outflows.

Source: TokenPost