U.S. Bitcoin ETFs Draw $526.7 Million as Ether Funds Lose $103.3 Million

U.S. spot Bitcoin (BTC) exchange-traded funds drew $526.7 million on Oct. 19, more than reversing the previous week’s net outflow, while spot Ether (ETH) funds lost $103.3 million.

BlackRock’s IBIT took in $665.2 million, exceeding the Bitcoin funds’ combined net inflow. Fidelity’s FBTC recorded $83.6 million in withdrawals, and Grayscale’s GBTC lost $54.9 million. The other Bitcoin funds recorded no net flows.

Ether funds posted their fourth consecutive trading day of net withdrawals. BlackRock’s ETHA lost $95.4 million, Fidelity’s FETH lost $6 million, and Grayscale’s ETHE lost $1.9 million.

Both groups had finished the previous week with net outflows. Across the five trading sessions through Oct. 16, Bitcoin funds lost $228.4 million and Ether funds lost $320.1 million. The Oct. 19 Bitcoin inflow exceeded its previous week’s net outflow by $298.3 million.