Add as a preferred source on GoogleBitcoin ETFs Gain $15.86 Million as Ether Funds Post Outflows
Bitcoin ETFs had a net outflow of $134.56 million over seven days, while Ether ETFs recorded $293.85 million in outflows.
Bitcoin (BTC) exchange-traded funds recorded $15.86 million in net inflows on Oct. 16, while Ether (ETH) funds saw outflows. Both groups had net outflows over the seven-day period.
Bitcoin funds added 194 BTC, valued at about $15.86 million, during the day. Ether ETFs recorded outflows of 24,792 ETH, or $60.84 million. The two asset groups therefore moved in opposite directions in the daily tally.
Over seven days, Bitcoin ETFs had net outflows of 1,643 BTC, valued at $134.56 million. Ether ETFs recorded $293.85 million in outflows over the same period. Bitcoin’s daily inflow came alongside a negative seven-day total, while Ether funds posted outflows in both periods.