Bitcoin ETFs Gain While Ethereum Sees Major Outflows

The post Bitcoin ETFs Gain While Ethereum Sees Major Outflows appeared first on Coinpedia Fintech News

Ethereum spot ETFs struggled on October 23, recording a combined $128 million in outflows, with none of the nine funds showing any inflows. In contrast, Bitcoin spot ETFs attracted $20.33 million in net inflows, largely driven by BlackRock’s IBIT, which alone pulled in $108 million. The contrasting flows highlight investor preference tilting toward Bitcoin while Ethereum ETFs continue to face selling pressure in the current market environment.