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Spot bitcoin ETFs draw $23.16 million as ether funds extend outflow streak

U.S. spot bitcoin ETFs registered a net inflow of $23.16 million on Oct. 20, paced by BlackRock's IBIT, while spot ether ETFs shed $26.13 million in a fifth consecutive day of outflows.

A Coinglass data table detailing daily spot bitcoin ETF inflows and outflows, highlighting a net total inflow of 23.20 million dollars on October 20.
Image: @MartiniGuyYT

U.S. spot bitcoin exchange-traded funds recorded a total net inflow of $23.16 million on Oct. 20, according to SoSoValue data reported by Wu Blockchain and Crypto Banter. The positive session marked a second straight day of gains, bringing two-day net flows to $549.9 million after a $526.7 million inflow on Monday. SoSoValue data showed total net assets across spot bitcoin ETFs stood at $106.28 billion, with the price of bitcoin at $82,606.01.[1][4][7]

The inflows were driven by BlackRock's iShares Bitcoin Trust (IBIT), which drew $29.865 million on Oct. 20, offsetting outflows across competing funds. Crypto Briefing noted that IBIT's dominant share of ETF inflows highlights institutional confidence, maintaining pressure on competitors to innovate.[1][2][3][8]

In contrast, spot ether ETFs experienced $26.13 million in net outflows on Oct. 20, extending their negative streak to five consecutive trading sessions. Other crypto funds also faced withdrawals, with spot Solana ETFs recording $2.65 million in net outflows on the same day, according to Cointelegraph.[1][4][5][6]

Key facts

  • U.S. spot bitcoin ETFs registered a net inflow of $23.16 million on Oct. 20, according to SoSoValue data.
  • BlackRock's iShares Bitcoin Trust led inflows with $29.865 million on Oct. 20.
  • Spot ether ETFs posted $26.13 million in net outflows on Oct. 20, marking five straight days of net outflows.
  • Total spot bitcoin ETF net assets stood at $106.28 billion, with bitcoin priced at $82,606.01 as of Oct. 20.
  • Spot Solana ETFs saw net outflows of $2.65 million on Oct. 20, according to Cointelegraph.
  • Two-day spot bitcoin ETF net inflows totaled $549.9 million following a $526.7 million inflow on Monday.

Sources · 8 sources

  1. WB

    Wu Blockchain@WuBlockchainPost on X ·

    According to SoSoValue, US spot Bitcoin ETFs recorded a total net inflow of $23.1624 million on October 20 (EDT), led by BlackRock with an inflow of $29.8650 million. Meanwhile, spot Ethereum ETFs saw a total net outflow of $26.1343 million yesterday, marking five consecutive days of net outflows.

    Open source
  2. WI

    Whale Insider@WhaleInsiderPost on X ·

    JUST IN: BlackRock ETF clients buy $29.86 million worth of $BTC. https://t.co/mXoAz8LvZy

    Open source
  3. CB

    Crypto BriefingArticle ·

    BlackRock’s IBIT pulls in $29.86 million in fresh Bitcoin demand IBIT's dominance in Bitcoin ETF inflows highlights institutional confidence, pressuring competitors to innovate for market share retention. The post BlackRock’s IBIT pulls in $29.86 million in fresh Bitcoin demand appeared first on Crypto Briefing .

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  4. CB

    Crypto Banter@crypto_banterPost on X ·

    🚨BITCOIN ETFS TAKE $23.16M AS ETH OUTFLOWS CONTINUE! U.S. spot bitcoin:native ETFs recorded a $23.16 million net inflow on October 20, according to SoSoValue data. ethereum:native ETFs saw a $26.13 million net outflow the same day.

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  5. CO

    Cointelegraph@CointelegraphPost on X ·

    🇺🇸 ETF FLOWS: BTC spot ETFs saw net inflows on Oct. 20, while ETH and SOL spot ETFs saw net outflows. BTC: $23.16M ETH: -$26.13M SOL: -$2.65M https://t.co/suoCwwzhfg

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  6. TB

    The Block@TheBlockCoPost on X ·

    THE BLOCK: Spot bitcoin ETFs logged $23 million in net inflows on Tuesday. Spot ether ETFs posted $26 million in outflows, extending the negative streak to five days. bitcoin:native ethereum:native https://t.co/m9SXmWYwoO

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  7. TM

    That Martini Guy ₿@MartiniGuyYTPost on X ·

    Bitcoin spot ETFs have recorded two consecutive days of net inflows, bringing in a combined $549.9M. Monday saw $526.7M enter the funds, followed by another $23.2M on Tuesday. BlackRock's IBIT was the standout, attracting $665.2M on Monday alone, despite outflows from other funds. The interesting thing here is that institutional demand is returning, but it's heavily concentrated in one fund. I'd like to see several consecutive days of strong inflows before calling this a genuine shift in sentiment. Two days is encouraging, but it's not enough to confirm a trend. If the buying continues, it could provide meaningful support for Bitcoin's recovery.

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  8. C®

    CryptoSavingExpert ®@CryptoSavingExpPost on X ·

    BlackRock’s Bitcoin ETF clients purchased $29.86 million worth of $BTC. Institutional flows remain an important indicator of demand for Bitcoin. https://t.co/7evPnAIsNP

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