Bitcoin spot ETFs recorded $203M net outflows and Ethereum spot ETFs $432M net outflows in the week of Oct 26–30, with Ethereum experiencing five consecutive weeks of outflows.
Macro & Markets ·
During the trading week of October 26–30, Bitcoin spot ETFs experienced $203 million in net outflows, with Fidelity's FBTC accounting for $166 million of that total. Ethereum spot ETFs saw a steeper decline, recording $432 million in net outflows during the same period. The outflow streak for Ethereum products marks five consecutive weeks of withdrawals.
The divergence between Bitcoin and Ethereum outflows suggests shifting investor sentiment across the two largest cryptocurrency assets. Bitcoin outflows, while notable, remain smaller in absolute terms, whereas Ethereum's sustained multi-week outflow pattern indicates persistent redemptions from its spot ETF products.
It remains unclear what specific market conditions, trading activity, or portfolio rebalancing decisions drove the divergence in outflow magnitudes between the two asset classes or whether the Ethereum outflow trend has continued into subsequent weeks.