Markets· ★★★· bearish·

US spot bitcoin ETFs see $6998 BTC net outflow in a day, ether ETFs lose 19381 ETH

  • —Daily net outflow from US bitcoin ETFs was 6,998 BTC; weekly net inflow 4,312 BTC
  • —Ether ETFs shed 19,381 ETH on the day and 115,218 ETH over seven days
  • —Data from Lookonchain dated October 23
Why it matters: Sustained weekly outflows from ether ETFs add pressure on ETH, while bitcoin funds remain net positive for the week.
Source: PANews