The same pool of money, flowing in and out along two separate paths
On October 27, U.S. spot Bitcoin ETFs saw net inflows of about $176 million in a single day
That was the second consecutive trading day of inflows. The previous day saw about $110 million, bringing the two-day total to about $286 million
Of that day's $176 million, BlackRock's fund accounted for about $151.5 million, and Fidelity's for about $24.5 million
The other 10 funds all had zero net flows—not a single one saw outflows
After outflows of about $774 million last Thursday and Friday, inflows over these two days left October's net outflows at just about $26 million
On the other hand, spot Ethereum ETFs saw combined net outflows of about $149 million on Monday and Tuesday
They had already seen outflows for four consecutive weeks, with October's cumulative net outflows reaching about $1.32 billion
On October 28, Bitcoin was around $80,818, up about 1.6% over 24 hours
The money came back, but the price barely moved
The divergence says more than the price movement: institutions are now only backing the Bitcoin route
Just my personal opinion—not investment advice
#ETF资金分化 $BTC $ETH
On October 27, U.S. spot Bitcoin ETFs saw net inflows of about $176 million in a single day
That was the second consecutive trading day of inflows. The previous day saw about $110 million, bringing the two-day total to about $286 million
Of that day's $176 million, BlackRock's fund accounted for about $151.5 million, and Fidelity's for about $24.5 million
The other 10 funds all had zero net flows—not a single one saw outflows
After outflows of about $774 million last Thursday and Friday, inflows over these two days left October's net outflows at just about $26 million
On the other hand, spot Ethereum ETFs saw combined net outflows of about $149 million on Monday and Tuesday
They had already seen outflows for four consecutive weeks, with October's cumulative net outflows reaching about $1.32 billion
On October 28, Bitcoin was around $80,818, up about 1.6% over 24 hours
The money came back, but the price barely moved
The divergence says more than the price movement: institutions are now only backing the Bitcoin route
Just my personal opinion—not investment advice
#ETF资金分化 $BTC $ETH
