Boutique Media & consulting group
BTC$66852
ETH$2599
BNB$594
XRP$0.54
On October 10, U.S. spot Bitcoin ETFs faced a third consecutive day of outflows, whereas spot Ethereum ETFs showed a modest recovery after a day of no activity.
Data from SoSoValue reveals that 12 spot Bitcoin ETFs experienced outflows totaling $120.76 million, a significant increase from the previous day’s $40.56 million outflow.
Fidelity’s FBTC ETF saw $149.5 million exit after a day without net flows. Other major ETFs like ARK and 21Shares’ ARKB and Bitwise’s BITB had outflows of $30.30 million and $6.16 million respectively.
Even BlackRock’s IBIT ETF, the largest by net assets, ended its five-day inflow streak with a $10.83 million outflow, signaling a decrease in investor interest in Bitcoin exposure.
Grayscale’s GBTC and Bitcoin Mini Trust recorded outflows of $18.52 million and $21.16 million each. Despite these trends, six other Bitcoin ETFs remained neutral, showing no fresh investor activity.
Sentiment: Neutral
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