US spot crypto ETFs see Bitcoin outflows amid conflicting Ethereum data
U.S. spot Bitcoin ETFs logged nearly $90 million in net outflows on Oct. 5, while reporting on spot Ethereum funds conflicted between a $50.8 million outflow and a $111 million inflow.
U.S. spot Bitcoin ETFs recorded roughly $89.9 million in net outflows on Oct. 5, ending a two-day streak of inflows as Bitcoin fell below $86,000, according to data from SoSoValue and reporting by The Block. BlackRock's IBIT was the only Bitcoin fund to see positive flows, drawing $69.9 million, but that was overshadowed by redemptions from Fidelity's FBTC and Ark & 21Shares' ARKB. In the broader market, Solana spot ETFs saw $9.25 million in net outflows, while XRP ETFs recorded zero net flows, according to Cointelegraph.[2][3][4][5][7]
Data providers and media outlets presented conflicting accounts for U.S. spot Ethereum ETFs on the same day. CryptoSlate, The Block, and Crypto Banter reported $50.76 million in net outflows, marking a fifth consecutive session of losses that totaled $205.88 million since Sept. 29. In contrast, Cointelegraph and Wu Blockchain reported that Ethereum ETFs took in about $111 million, with BlackRock's ETHA identified as the sole fund recording net inflows.[1][2][3][4][6][7][8]
Amid the mixed flows, Ethereum traded near $2,711. CryptoQuant data cited by CryptoSlate showed Ethereum's Estimated Leverage Ratio slid to a seven-month low of 0.66, even as Binance open interest stood around $3.3 billion. Binance ETH Cumulative Net Taker Volume dropped to -$1.36 billion, indicating heavy aggressive selling that has not yet unseated the broader price structure. Meanwhile, analytics firm Santiment reported a spike in Ethereum's Age Consumed to 580 million token-days on Sept. 30, though exchange balances remained relatively flat.[1][6]
Key facts
- U.S. spot Bitcoin ETFs logged approximately $89.9 million in net outflows on Oct. 5, reversing two days of inflows.
- BlackRock's IBIT was the sole spot Bitcoin ETF to log net inflows on Oct. 5, pulling in $69.9 million.
- Solana spot ETFs posted $9.25 million in net outflows, while XRP spot ETFs saw zero net flows on Oct. 5.
- CryptoSlate, The Block, and Crypto Banter reported spot Ethereum ETFs shed $50.76 million on Oct. 5, extending a five-day losing run to $205.88 million.
- Cointelegraph and Wu Blockchain reported spot Ethereum ETFs took in about $111 million on Oct. 5, with BlackRock's ETHA as the only fund gaining inflows.
- Ethereum's Estimated Leverage Ratio dropped to a seven-month low of 0.66, and Binance ETH Cumulative Net Taker Volume fell to -$1.36 billion.
- Santiment reported Ethereum's Age Consumed metric surged to 580 million token-days on Sept. 30, while venue exchange reserves remained stable.
Sources · 8 sources
- CR
CryptoSlateArticle ·
Ethereum bears keep selling but ETH price stays near $2,700 as US spot ETFs record $206M in outflows Ethereum’s institutional demand is weakening around the same time derivatives positioning shows traders are selling aggressively without yet breaking the broader price structure. US spot ETH exchange-traded funds recorded $50.76 million of net outflows on Oct. 5, extending their losing streak to five consecutive sessions, according to SoSoValue data . The products have shed $205.88 million since Sept. 29, reducing cumulative net inflows to about $13.75 billion. The streak followed a $17.1 million inflow on Sept. 28 and has coincided with ETH trading near $2,711, leaving one of the market’s major sources of incremental demand in retreat. Yet the pressure has not spread uniformly across Ethereum’s investor base . Blockchain analytics firm Santiment said Ethereum’s Age Consumed metric surged to 580 million token-days on Sept. 30, roughly nine times its September weekday average and the highest reading since June 2. The indicator tracks previously dormant coins moving onchain, weighted by how long they had remained untouched. Ethereum Exchange Balance (Source: Santiment) Large spikes can signal that long-term holders are repositioning assets and, in some cases, preparing to sell. Aggregate exchange balances, however, barely changed across Sept. 30 and Oct. 1. Ethereum held on exchanges rose by only about 18,000 ETH on Sept. 30 before falling roughly 21,000 ETH the next day, against approximately 5.9 million ETH held on trading venues. When Age Consumed last registered a larger spike on June 2, exchange balances increased by more than 140,000 ETH. That contrast leaves open the possibility that the September activity reflected custody transfers, staking movements or wallet reorganizations rather than broad distribution by older holders. ETH derivatives traders lean bearish without forcing a breakdown The more immediate pressure is showing up in the derivatives markets, though signals there are also unusually mixed. CryptoQuant data shows Ethereum’s Estimated Leverage Ratio has fallen to 0.66, its lowest level in seven months, indicating that open derivatives exposure has declined relative to ETH reserves held on exchanges. The ratio stood near 0.68 on Binance and 0.64 on OKX after trending lower in recent weeks. CryptoQuant contributor Arab Chain interprets the decline as weaker appetite for heavily leveraged positions as ETH trades around $2,700, potentially easing liquidation pressure. On Binance, ETH open interest remains near $3.3 billion, up from about $2.3 billion on Aug. 6, a roughly 43% increase, CryptoQuant data shows. At the same time, Cumulative Net Taker Volume, or CVD, has swung sharply in the opposite direction. Binance ETH CVD fell from $1.94 billion on Aug. 21 to -$1.36 billion on Oct. 5, a $3.30 billion reversal and its weakest reading since Aug. 6. The metric captures the balance between aggressive market buying and selling, with the negative reading showing sellers increasingly crossing the spread to execute trades. Binance's Ethereum Net Taker Volume/Open Interest (Source: CryptoQuant) Ethereum, however, remains roughly 44% above its Aug. 6 level, meaning the surge in aggressive selling has yet to unwind the broader price advance. That divergence is reinforced by the relationship between CVD and open interest. CVD has continued to make lower lows while open interest lows have generally moved higher, a pattern consistent with substantial outstanding derivatives exposure as aggressive sellers take a larger role in order flow. The combination can become constructive if ETH continues absorbing that supply. Heavy taker selling alongside resilient prices can indicate that buyers are absorbing aggressive sell orders. A short squeeze remains a conditional scenario, with funding rates providing additional evidence about positioning. If funding turns persistently negative while ETH holds its range, short sellers would increasingly pay long positions to maintain exposure, raising the potential for covering to become an additional source of demand. For now, three forces are pulling the market in different directions. ETF investors are withdrawing capital, dormant coins are moving while aggregate exchange balances remain little changed, and derivatives traders are selling more aggressively while maintaining substantial exposure. The next break in that balance could come from either side. Continued ETF withdrawals, paired with a meaningful rise in exchange balances, would broaden selling pressure beyond financial products. But if exchange reserves stay contained and ETH continues absorbing negative derivatives flow, traders running short exposure could become increasingly vulnerable to any recovery in institutional demand or a shift in funding conditions. The post Ethereum bears keep selling but ETH price stays near $2,700 as US spot ETFs record $206M in outflows appeared first on CryptoSlate .
Open source - TB
The Block@TheBlockCoPost on X ·
THE BLOCK: Spot bitcoin ETFs shed $89.9 million on Monday. BlackRock's IBIT drew $69.9 million in net inflows, more than offset by outflows from Fidelity's FBTC and Ark & 21Shares' ARKB. Spot ether ETFs logged $50.8 million in net outflows. bitcoin:native ethereum:native https://t.co/eYmN9W1O9F
Open source - WB
Wu Blockchain@WuBlockchainPost on X ·
According to data from SoSoValue, US spot Bitcoin ETFs recorded a total net outflow of $89.8978 million on October 5 (EDT), with BlackRock's IBIT being the sole fund to see net inflows. Meanwhile, spot Ethereum ETFs saw a total net inflow of $111 million yesterday, with BlackRock's ETHA also being the only fund to register net inflows.
Open source - CO
Cointelegraph@CointelegraphPost on X ·
🇺🇸 ETF FLOWS: BTC and SOL spot ETFs saw net outflows, while ETH saw net inflows. XRP recorded zero net flow on October 5th. BTC: -$89.90M ETH: +$110.84M SOL: -$9.25M XRP: $0 https://t.co/T4cjK3DIYV
Open source - CT
Coin TelegraphArticle ·
Bitcoin ETFs shed $90M as BTC sits 32% below year-old ATH US spot Bitcoin ETFs reversed two days of inflows as Bitcoin slipped below $86,000, trading roughly 32% below its October 2025 all-time high.
Open source - CR
CryptoSlate@CryptoSlatePost on X ·
US spot Ether ETFs lost $205.88M across five sessions through Oct. 5, per SoSoValue. $ETH still traded near $2,700. Binance derivatives selling intensified, but price resilience alone doesn't confirm a short squeeze. Reporting by @hardeyjumoh. https://t.co/r8IhtKwBlN
Open source - CB
Crypto Banter@crypto_banterPost on X ·
🚨SPOT BITCOIN ETFS BLEED $89.8M! U.S. spot bitcoin:native ETFs turned red on Monday, with $89.9 million leaving, per SoSoValue data. Spot ethereum:native ETFs bled $50.76 million, a fifth straight day of outflows.
Open source - CB
Crypto BriefingArticle ·
Bitcoin and Solana spot ETFs see net outflows as Ethereum records inflows Shifting investor sentiment towards Bitcoin may increase market volatility, challenging Ethereum's position and impacting altcoin dynamics. The post Bitcoin and Solana spot ETFs see net outflows as Ethereum records inflows appeared first on Crypto Briefing .
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