Bitcoin ETFs see $52.9 million outflow as Ethereum ETFs attract $19.8 million inflow

On Oct. 2, Bitcoin ETFs experienced a net outflow of $52.9 million, continuing the recent trend of mixed sentiment within the market. Ark’s ARKB ETF recorded the largest outflow of $60.3 million, while BlackRock’s IBIT ETF posted a more modest outflow of $13.7 million.

However, Fidelity’s FBTC ETF saw an inflow of $21.1 million, partially offsetting the broader outflows. No significant activity was reported across other ETFs, including those from Bitwise, Invesco, Franklin, Valkyrie, VanEck, WisdomTree, or Grayscale’s two Bitcoin products, which remained flat.

ETF Provider
IBIT
FBTC
BITB
ARKB
BTCO
EZBC
BRRR
HODL
BTCW
GBTC
BTC
Total ($M)

Bitcoin ETFs
(13.7)
21.1

(60.3)
0.0
0.0
0.0
0.0
0.0
0.0
0.0
(52.9)

In contrast, Ethereum ETFs showed more positive momentum, with a total inflow of $19.8 million. BlackRock’s ETHA ETF led the pack with an $18 million inflow, while Franklin Templeton’s EZET ETF added $1.8 million. Other Ethereum ETFs, including those from Fidelity, Bitwise, 21Shares, VanEck, Invesco, and both of Grayscale’s funds, saw no significant daily inflows or outflows.

ETF Provider
ETHA
FETH
ETHW
CETH
ETHV
QETH
EZET
ETHE
ETH
Total ($M)

Ethereum ETFs
18.0
0.0
0.0
0.0
0.0
0.0
1.8
0.0
0.0
19.8

This divergence in flows between Bitcoin and Ethereum ETFs illustrates the ongoing market volatility and selective positioning by institutional investors. While Ethereum products continue to attract inflows, Bitcoin ETFs face pressure, particularly from Ark and BlackRock’s funds, signaling that investors adjust their exposure to market conditions.

The post Bitcoin ETFs see $52.9 million outflow as Ethereum ETFs attract $19.8 million inflow appeared first on CryptoSlate.

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