Bitcoin ETFs take in $110 million as Ether funds lose $88.6 million
In brief
- US spot Bitcoin ETFs took in about $110.3 million on October 26, per Crypto Briefing.
- Spot Ethereum ETFs lost roughly $88.6 million the same day, led by BlackRock's ETHA.
- BlackRock's IBIT accounted for most of the Bitcoin inflow.
- October Ether ETF outflows topped $1.1 billion, according to Crypto Briefing.
BlackRock on both sides
The Bitcoin buying on Monday came after a stretch where the funds had been working through redemptions, and BlackRock's IBIT accounted for most of the inflow, according to Crypto Briefing.
BlackRock’s IBIT did most of the heavy lifting, as it often does in this market.
Ether went the other way. Crypto Briefing reported that net outflows from spot Ethereum ETFs reached about $88.6 million, and BlackRock's ETHA led the exits. That's the same issuer driving the biggest flow in both markets on the same day (collecting Bitcoin money while returning Ether money).
One firm, two opposite trades.
A rough month for Ether funds
Crypto Briefing said October outflows from spot Ethereum ETFs have topped $1.1 billion, which the outlet described as the largest monthly withdrawal for these products this year. It isn't a one-day story for Ether.
The Bitcoin funds had a different week. They posted $301 million in net inflows over the week ending around October 23 to 24, per the report, and that figure held up despite roughly $774 million in redemptions late in that week.
How the two fund groups compare
Since launch, US spot Bitcoin ETFs have gathered more than $57 billion in cumulative net inflows, Crypto Briefing reported. They hold approximately 1.28 to 1.3 million BTC, with total assets somewhere between $102 billion and $104 billion.
Spot Ethereum ETFs have drawn about $12.6 billion to $12.7 billion in cumulative net inflows. They hold roughly 5.9 to 6.3 million ETH and carry around $14.5 billion to $14.6 billion in assets, according to the same report.
That's a wide gap. By Crypto Briefing's count, the Bitcoin products have attracted more than four times as much net new money as their Ether counterparts, even though the issuer lineup overlaps heavily: BlackRock runs IBIT and ETHA, Fidelity offers FBTC and FETH, and Grayscale operates GBTC alongside its Ethereum products.


