U.S. Spot Bitcoin ETFs Add $110 Million as Ether Funds Lose $88.58 Million
Photo: TokenPost
U.S. spot Bitcoin (BTC) exchange-traded funds took in $110 million more than they paid out on Monday, Oct. 26. Ether (ETH) ETFs recorded $88.58 million in net outflows that day. BlackRock’s iShares Bitcoin Trust (IBIT) accounted for all of the Bitcoin funds’ net inflows. Fidelity’s FETH brought in $16.13 million even as Ether ETFs lost money overall. Net flows show the balance of inflows and outflows, but do not identify who bought or sold fund shares. That distinction also applies to seven-day Bitcoin and Ether ETF flows . Enna Lee reports on investing and digital-asset markets for TokenPost.
Also reported by TheCoinrise.
Source: TokenPost
