U.S. spot Bitcoin ETFs saw $643M in net outflows and Ethereum ETFs lost $156M on October 30, with BlackRock's IBIT and ETHA leading the declines.
Macro & Markets ·
U.S. spot Bitcoin ETFs experienced $643 million in net outflows on October 30, according to SoSoValue data tracked by wublockchain.xyz. BlackRock's IBIT led the decline among Bitcoin products with $234 million in daily outflows. Separately, spot Ethereum ETFs shed $156 million the same day, with BlackRock's ETHA accounting for $76.64 million of that total.
The Ethereum outflows mark a continuation of selling pressure, representing the fifth straight day of net exits from those products. The scale of the Bitcoin outflow—concentrated partly in a single fund—suggests either broad redemption activity or targeted rebalancing by large holders.
No clear catalyst has been identified for the timing or magnitude of these flows. Whether the outflows reflect profit-taking, macro headwinds, or shifts in investor positioning remains unspecified.