BlackRock alone accounted for 99% of net inflows. This isn’t a broad institutional comeback—it’s a one-man show.
The Fed just held steady, keeping rates at 3.75%–4%, but the market had already made its statement in ETF flows.
Farside data shows that U.S. spot Bitcoin ETFs saw net inflows of $137.3 million on October 28. BlackRock’s IBIT took in $136 million, while Bitwise’s BITB added just $1.3 million. Every other product saw zero inflows.
Add in Monday and Tuesday’s $110 million and $176 million, and Bitcoin ETFs drew about $423 million over three days—almost wiping out the net outflows for all of October.
But Ethereum ETFs went the other way: they saw $21.4 million in net outflows that same day, with $44.8 million leaving ETHA alone. Cumulative outflows for October have now reached a whopping $1.32 billion.
Prices reflect the split, too: BTC is currently around $79,793, down 1.42% over 24 hours, while ETH is around $2,308, down 2%. One is attracting inflows; the other is seeing money exit.
I don’t see this as a sign of a swift bull-market comeback. Rather, institutions are voting with their feet and making a choice: keep their powder dry for Bitcoin first, then see if Ethereum can stop the bleeding on its own.
The key levels are clear: BTC faces resistance at $81,800 and support at $78,000. A break above resistance would keep the rally going; a drop below support would bring this one-man show to an end.
Sources: Farside Investors, KuCoin News, CoinGecko. Data as of the morning of October 29.
Which side are you on: betting that Bitcoin will keep attracting inflows and rebound, or that Ethereum will stop the bleeding and turn things around first?
$BTC $ETH
#比特币ETF #Ethereum
The Fed just held steady, keeping rates at 3.75%–4%, but the market had already made its statement in ETF flows.
Farside data shows that U.S. spot Bitcoin ETFs saw net inflows of $137.3 million on October 28. BlackRock’s IBIT took in $136 million, while Bitwise’s BITB added just $1.3 million. Every other product saw zero inflows.
Add in Monday and Tuesday’s $110 million and $176 million, and Bitcoin ETFs drew about $423 million over three days—almost wiping out the net outflows for all of October.
But Ethereum ETFs went the other way: they saw $21.4 million in net outflows that same day, with $44.8 million leaving ETHA alone. Cumulative outflows for October have now reached a whopping $1.32 billion.
Prices reflect the split, too: BTC is currently around $79,793, down 1.42% over 24 hours, while ETH is around $2,308, down 2%. One is attracting inflows; the other is seeing money exit.
I don’t see this as a sign of a swift bull-market comeback. Rather, institutions are voting with their feet and making a choice: keep their powder dry for Bitcoin first, then see if Ethereum can stop the bleeding on its own.
The key levels are clear: BTC faces resistance at $81,800 and support at $78,000. A break above resistance would keep the rally going; a drop below support would bring this one-man show to an end.
Sources: Farside Investors, KuCoin News, CoinGecko. Data as of the morning of October 29.
Which side are you on: betting that Bitcoin will keep attracting inflows and rebound, or that Ethereum will stop the bleeding and turn things around first?
$BTC $ETH
#比特币ETF #Ethereum
