U.S. Crypto Markets See Bitcoin ETF Inflows, Ether ETF Outflows

Bitcoin spot ETFs recorded $21.13 million in net inflows on Oct. 9, while Ether spot ETFs posted $56.10 million in net outflows, extending their decline to nine consecutive sessions. IBIT led the Bitcoin ETF market with $22.38 million in inflows. The split flow picture comes as U.S. crypto markets also absorb proposed regulatory changes and new infrastructure developments. The National Credit Union Administration plans to add 26 stablecoin reporting fields for credit unions. The framework would expand the information institutions provide about stablecoin activity. Robinhood Chain’s average daily transaction count fell 42%, and spot trading volume declined to $7.45 billion.

Source: TokenPost