U.S. spot Bitcoin ETFs recorded $110M net inflows on October 26 led by BlackRock's IBIT, while Ethereum ETFs shed $88.6M despite Fidelity's FETH posting individual fund gains.
Macro & Markets ·
On October 26, U.S. spot Bitcoin ETFs attracted $110 million in net inflows, with the entire amount flowing into BlackRock's IBIT. This pushed IBIT's cumulative net inflows to $66.24 billion. The same day saw a contrasting dynamic in Ethereum ETFs, which recorded $88.58 million in net outflows across the category.
Within the Ethereum ETF market, however, individual fund performance diverged. Fidelity's FETH posted $16.13 million in inflows, offsetting losses elsewhere in the sector. The divergence suggests investor appetite remains selective even as category-level flows turn negative.
The split between Bitcoin's inflow momentum and Ethereum's outflow trend reflects mixed sentiment in spot crypto ETFs. Whether the Ethereum outflows represent broader profit-taking or a temporary shift in allocation preference remains unclear from the available data.