Spot Ethereum ETFs Post Nine Straight Sessions of Outflows
- —Combined October outflows from spot BTC, ETH and SOL ETFs reached almost $1 billion
- —Ethereum ETFs lost about $635 million over nine straight sessions
- —Bitcoin ETFs shed $386 million, though $21 million flowed back in on October 10
- —Bitwise will shut its spot Dogecoin ETF after October 14
Why it matters: The outflows coincided with rising bond yields and a stronger dollar, pointing to broader macro pressure on crypto markets.
Source: Bithub