Spot Bitcoin ETFs extend inflow streak as Ethereum funds shed $105 million
U.S. spot Bitcoin ETFs posted positive net inflows for a fourth straight day on October 29, while spot Ethereum ETFs recorded over $105 million in net outflows.
U.S. spot Bitcoin exchange-traded funds recorded about $17.07 million to $17.2 million in net inflows on October 29, marking their fourth consecutive session of net gains, according to reporting by Wu Blockchain and crypto_banter citing SoSoValue data. In contrast, spot Ethereum ETFs suffered around $105 million to $105.48 million in net outflows on the same day, logging their fourth straight session of net redemptions.[2][3]
The four-day positive run brought total cumulative inflows into spot Bitcoin funds to approximately $440.8 million since October 26, according to market updates from CryptoSavingExpert and That Martini Guy. The inflow streak followed a steep single-day outflow of $635.6 million on October 22. However, daily net inflows cooled notably from earlier sessions, dropping from $176 million on October 27 and $137.3 million on October 28 to just over $17 million on October 29.[1][4]
Fund-level data for October 29 showed BlackRock's IBIT led inflows with $12.8 million, followed by Fidelity's FBTC with $10.5 million, BITB with $8.8 million, and MSBT with $4.2 million. Those gains were tempered by redemptions, including $15.3 million in outflows from fund ticker BTC and $3.8 million from BTCW. Tracking data from SoSoValue placed total Bitcoin ETF net assets at $104.27 billion with Bitcoin priced at $80,848.64.[1][2][3][4]
Key facts
- Spot Bitcoin ETFs recorded $17.07 million to $17.2 million in net inflows on October 29, completing a four-day inflow streak.
- Spot Ethereum ETFs logged between $105 million and $105.48 million in net outflows on October 29, their fourth consecutive day of net outflows.
- Cumulative Bitcoin ETF inflows from October 26 through October 29 reached approximately $440.8 million, recovering from a $635.6 million outflow on October 22.
- BlackRock's IBIT led October 29 inflows with $12.8 million and Fidelity's FBTC added $10.5 million, while fund ticker BTC logged an outflow of $15.3 million.
- SoSoValue data showed total Bitcoin ETF net assets stood at $104.27 billion with Bitcoin priced at $80,848.64.
Sources · 4 sources
- C®
CryptoSavingExpert ®@CryptoSavingExpPost on X ·
Bitcoin spot ETFs have recorded four consecutive days of net inflows, bringing total inflows over that period to approximately $440.8 million. The return of institutional demand is a positive development, particularly after the $635.6M outflow recorded on October 22. However, the pace of buying has slowed considerably, with the latest session bringing in just $17.2M compared with $176M on October 27. We're encouraged by the return to positive flows, but sustained demand will be important if Bitcoin is to build on its recovery. The next few trading sessions should tell us whether institutional interest is genuinely picking up again.
Open source - CB
Crypto Banter@crypto_banterPost on X ·
🚨BITCOIN ETFS SEE $17.07M INFLOWS AS ETHEREUM FUNDS POST $105.5M OUTFLOWS! U.S. spot bitcoin:native ETFs recorded $17.07M in net inflows on October 29, per SoSoValue data. ethereum:native ETFs saw $105.48M in net outflows.
Open source - WB
Wu Blockchain@WuBlockchainPost on X ·
Spot Bitcoin ETFs Record $17.07 Million in Net Inflows; Spot Ethereum ETFs See $105 Million in Net Outflows On October 29 (ET), spot Bitcoin ETFs recorded total net inflows of $17.0719 million, their fourth consecutive day of net inflows. Spot Ethereum ETFs recorded total net outflows of $105 million, their fourth consecutive day of net outflows.
Open source - TM
That Martini Guy ₿@MartiniGuyYTPost on X ·
Bitcoin spot ETFs have now recorded FOUR consecutive days of net inflows. That's approximately $440.8M flowing into the funds since October 26. Yesterday added another $17.2M, led by BlackRock's IBIT with $12.8M. The positive streak is encouraging, especially after the massive $635.6M outflow recorded on October 22. One thing worth noting: daily inflows have been getting smaller. We need to see whether institutional demand picks up again or starts fading. Either way, the money has started flowing back into Bitcoin ETFs.
Open source