US spot Bitcoin ETFs pull in $176 million as Ethereum funds see $60 million in outflows
US spot Bitcoin exchange-traded funds recorded roughly $176 million in net inflows on October 27, led by BlackRock and Fidelity, while spot Ethereum funds registered $60.22 million in net redemptions.
US spot Bitcoin exchange-traded funds attracted approximately $176 million in net inflows on October 27, according to data from SoSoValue and reporting by The Block. BlackRock's IBIT fund anchored the day's positive movement by capturing about $151.5 million, while Fidelity ETF clients accounted for $24.54 million in Bitcoin purchases.[1][2][3][4][7][8]
The consecutive gains brought two-day inflows for spot Bitcoin ETFs to $286 million and narrowed October's cumulative net outflows to $26 million, Coin Telegraph reported. Figures shared from CoinGlass by CryptoSavingExpert showed that Monday, October 26, had brought $110.3 million in net inflows, lifting total cumulative inflows since January 2024 to $57.77 billion.[5][6]
In contrast to Bitcoin's recovery, US spot Ethereum ETFs logged $60.22 million in net redemptions during the session. Wu Blockchain noted that BlackRock's ETHA was the only Ethereum spot ETF to record net outflows on the day.[1][3][4]
Key facts
- US spot Bitcoin ETFs recorded roughly $176 million ($175.99 million) in net inflows on October 27.
- BlackRock's IBIT accounted for roughly $151.5 million of the net inflows into Bitcoin ETFs.
- Fidelity ETF clients bought $24.54 million worth of Bitcoin.
- US spot Ethereum ETFs saw $60.22 million in net outflows on October 27.
- BlackRock's ETHA was the sole US spot Ethereum ETF to post net outflows during the session.
- Two consecutive days of positive flows generated $286 million in total Bitcoin ETF inflows, narrowing October's net outflows to $26 million.
- Cumulative net inflows into spot Bitcoin ETFs stood at $57.77 billion.
Sources · 7 sources
- WB
Wu Blockchain@WuBlockchainPost on X ·
According to SoSoValue data, US Bitcoin spot ETFs recorded a total net inflow of $176 million on October 27 Eastern Time, with BlackRock's IBIT leading at $151 million in net inflows. Ethereum spot ETFs saw a total net outflow of $60.22 million, with BlackRock's ETHA being the sole fund recording net outflows.
Open source - CB
Crypto BriefingArticle ·
Fidelity ETF clients buy $24.54 million worth of Bitcoin Fidelity's dominance in Bitcoin ETF inflows highlights potential market consolidation, raising questions about broader sector investment diversity. The post Fidelity ETF clients buy $24.54 million worth of Bitcoin appeared first on Crypto Briefing .
Open source - TB
The Block@TheBlockCoPost on X ·
THE BLOCK: Spot bitcoin ETFs recorded $176 million in net inflows on Tuesday, with BlackRock's $IBIT attracting $151.5 million. Spot ether ETFs shed $60.2 million. bitcoin:native ethereum:native https://t.co/Xzx14el7ko
Open source - CB
Crypto Banter@crypto_banterPost on X ·
🚨BITCOIN ETFS PULL IN $175.99M AS ETHEREUM FUNDS CONTINUE OUTFLOWS! U.S. spot bitcoin:native ETFs recorded $175.99M in net inflows on the latest session, per SoSoValue data. ethereum:native ETFs saw another $60.22M in net outflows. Bitcoin products continue to attract capital while Ethereum funds face ongoing redemptions.
Open source - CT
Coin TelegraphArticle ·
Bitcoin ETF inflows climb to $176M as BTC rebounds above $80K US spot Bitcoin ETFs drew $286 million over two days, narrowing October’s net outflows to $26 million as the Crypto Fear & Greed Index remained neutral.
Open source - C®
CryptoSavingExpert ®@CryptoSavingExpPost on X ·
Bitcoin spot ETFs just recorded another $24.5M in net inflows. That follows $110.3M of inflows on Monday, bringing two consecutive days of positive flows after last week's heavy selling. But zoom out. Thursday saw $635.6M leave the funds, followed by another $137.9M on Friday. The latest inflows are encouraging, but we need to see whether this demand continues. Total cumulative net inflows now stand at $57.77B. Institutional demand is still significant, but the next few sessions will tell us whether buyers are genuinely returning or this is just a temporary pause in outflows.
Open source - WI
Whale Insider@WhaleInsiderPost on X ·
JUST IN: BlackRock ETF clients buy $151.46 million worth of $BTC. https://t.co/ReEqqMcOdX
Open source - WI
Whale Insider@WhaleInsiderPost on X ·
JUST IN: Fidelity ETF clients buy $24.54 million worth of Bitcoin. https://t.co/oqfw26toqa
Open source