Markets· ★★★· bearish· October 6, 20:42

Bitcoin ETFs Shed $90 Million as BlackRock's IBIT Keeps Buying

—U.S. bitcoin ETFs lost $89.90 million, with trading volume at $2.18 billion
—IBIT drew $69.85 million, while ARKB shed $85.21 million and FBTC lost $74.55 million
—Ether ETFs fell for a fifth straight session, losing $50.76 million; ETHA shed $31.88 million
—Solana ETFs lost $9.25 million, Zcash ETFs $3.57 million and HYPE ETFs $2.71 million

Why it matters: Institutional demand is narrowing to select funds, making IBIT's resilience the key test for whether ETF flows stabilize.