Spot Bitcoin ETFs saw $17.07M in net inflows on October 29, while spot Ethereum ETFs recorded $105M in net outflows, continuing multi-day trends.
Macro & Markets ·
Spot Bitcoin ETFs recorded $17.07 million in net inflows on October 29 (ET), marking their fourth straight day of positive flows. In contrast, spot Ethereum ETFs saw $105 million in net outflows on the same day, continuing a parallel streak of four consecutive days of withdrawals.
The divergence reflects mixed sentiment across major crypto asset classes captured in ETF flows. Bitcoin's sustained inflows stand against Ethereum's persistent outflows, suggesting investor positioning may be shifting between the two largest cryptocurrencies during this period.
What remains unclear is whether these flows signal a rotation between assets, broader market conditions driving the divergence, or other structural factors influencing institutional and retail demand for each ETF class.