Spot Bitcoin and Ethereum ETFs experienced significant net outflows last week, totaling $681M and $542M respectively, breaking Bitcoin's three-week inflow streak.
Macro & Markets ·
During the week of October 5–9 ET, spot Bitcoin ETFs experienced net outflows of $681 million, reversing three consecutive weeks of positive inflows. Spot Ethereum ETFs saw outflows totaling $542 million over the same period, with BlackRock's ETHA product accounting for $477 million of that decline.
The reversal in Bitcoin ETF flows marks a shift in investor behavior after a sustained period of accumulation. Ethereum's outflows were concentrated in a single issuer's offering, suggesting either redemptions from a major holder or a broader reallocation among Ethereum investment products.
The immediate drivers of the outflow reversal remain unspecified in available reporting. No information is provided about whether these flows correlate with broader market price movements, macroeconomic events, or specific fund-level dynamics during that window.