In October, $ETH spot ETFs saw $1.08 billion drained—a record monthly net outflow for this year and the largest since November last year, according to Cointelegraph citing SoSoValue data. That wiped out September’s $832 million in net inflows, leaving year-to-date net inflows at just $485 million. The price followed suit, plunging from $2,700 to $2,438. It fell 9.7% in October and is down 18% year to date. By contrast, $BTC spot ETFs saw $527 million in net inflows on Monday and another $23 million on Tuesday. Their October net outflows are now just $67 million, while year-to-date net inflows still stand at $809 million. The takeaway stings: money isn’t leaving crypto—it’s voting with its feet. Institutions only have eyes for Bitcoin right now. #ETF #Ethereum