BTC just turned positive, while ETH has logged losses for 9 straight days—the same Wall Street money is splitting in two.
Friday’s data was pretty interesting: U.S. spot BTC ETFs saw net inflows of $21.13 million for the day. BlackRock’s IBIT alone brought in $22.38 million (while Fidelity saw $3.58 million in outflows), marking an end to two consecutive days of massive $729 million redemptions midweek. Meanwhile, ETH ETFs saw $56.10 million in net outflows that same day, their 9th consecutive day of outflows. All $56.10 million in Friday’s outflows came from redemptions at BlackRock’s ETHA.
Since September 29, ETH ETFs have shed about $697 million in this latest outflow streak, essentially wiping out the $851 million that flowed in over the previous 7 consecutive days. Total assets have also fallen from nearly $17.9 billion at the end of September to $15.71 billion. The 9-day losing streak matches the previous record set in June.
What’s going on? This isn’t “crypto is doing badly”—it’s money picking sides. BTC held the $81,000 level and helped ETFs turn positive on Friday. ETH, meanwhile, fell below $2,600 and redemptions accelerated, suggesting that regulated investors are becoming less patient with ETH’s volatility. But don’t read too much into it: Friday’s $21.13 million inflow was small, and BTC ETFs still saw nearly $400 million in cumulative outflows for October as a whole. One positive day doesn’t mean the trend has reversed, and don’t rush to conclusions while ETH’s streak of redemptions is still ongoing.
Data as of: 2026-10-10 12:00 UTC
Sources: Cointelegraph; BeInCrypto (data cited from SoSoValue)
For informational purposes only; not investment advice.
$BTC $ETH
#ETFFlows
I track this kind of fund flow data every day—follow me to stay in the loop. In this divergence, do you think BTC is holding up better, or is ETH the better buy-the-dip opportunity?
Friday’s data was pretty interesting: U.S. spot BTC ETFs saw net inflows of $21.13 million for the day. BlackRock’s IBIT alone brought in $22.38 million (while Fidelity saw $3.58 million in outflows), marking an end to two consecutive days of massive $729 million redemptions midweek. Meanwhile, ETH ETFs saw $56.10 million in net outflows that same day, their 9th consecutive day of outflows. All $56.10 million in Friday’s outflows came from redemptions at BlackRock’s ETHA.
Since September 29, ETH ETFs have shed about $697 million in this latest outflow streak, essentially wiping out the $851 million that flowed in over the previous 7 consecutive days. Total assets have also fallen from nearly $17.9 billion at the end of September to $15.71 billion. The 9-day losing streak matches the previous record set in June.
What’s going on? This isn’t “crypto is doing badly”—it’s money picking sides. BTC held the $81,000 level and helped ETFs turn positive on Friday. ETH, meanwhile, fell below $2,600 and redemptions accelerated, suggesting that regulated investors are becoming less patient with ETH’s volatility. But don’t read too much into it: Friday’s $21.13 million inflow was small, and BTC ETFs still saw nearly $400 million in cumulative outflows for October as a whole. One positive day doesn’t mean the trend has reversed, and don’t rush to conclusions while ETH’s streak of redemptions is still ongoing.
Data as of: 2026-10-10 12:00 UTC
Sources: Cointelegraph; BeInCrypto (data cited from SoSoValue)
For informational purposes only; not investment advice.
$BTC $ETH
#ETFFlows
I track this kind of fund flow data every day—follow me to stay in the loop. In this divergence, do you think BTC is holding up better, or is ETH the better buy-the-dip opportunity?