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Bitcoin (BTC) ETFs Net $1.07 Billion; Ether (ETH) Funds Lose $114.5 Million

Farside Investors’ figures show the Bitcoin total exceeded the $228.4 million in net outflows across Oct. 12-16 by $846.3 million.

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Pedestrians pass the New York Stock Exchange on Broad Street in Lower Manhattan. / EconoTimes.ai (mono)
Pedestrians pass the New York Stock Exchange on Broad Street in Lower Manhattan. / EconoTimes.ai (mono)

Farside Investors’ data show U.S. spot Bitcoin (BTC) ETFs drew $1.0747 billion over three sessions through Oct. 21, surpassing the previous five-session net outflow, while Ether (ETH) funds remained negative.

The Bitcoin gain topped the $228.4 million net outflow from Oct. 12-16 by $846.3 million. EconoTimes’ report on spot Bitcoin ETF flows through Oct. 20 put the five-session net inflow through that date at $211.2 million.

Daily flows varied sharply. Bitcoin ETFs added $526.7 million on Oct. 19, $23.2 million on Oct. 20 and $524.8 million on Oct. 21.

Fund-level figures differed on Oct. 19. BlackRock’s iShares Bitcoin Trust (IBIT) gained $665.2 million that day; Fidelity’s FBTC and Grayscale’s GBTC recorded outflows of $83.6 million and $54.9 million, respectively. On Oct. 21, IBIT received $235 million and FBTC added $212.7 million, a combined $447.7 million.

Ether ETFs lost $103.3 million on Oct. 19 and $26.1 million on Oct. 20. A $14.9 million inflow on Oct. 21 left the funds with a net outflow of $114.5 million for the three sessions.

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