On October 28, U.S. Eastern Time, U.S. spot Bitcoin ETFs saw combined net inflows of about $137 million, marking their third consecutive trading day of inflows. BlackRock’s IBIT accounted for nearly all of that day’s total, with about $136 million; Bitwise’s BITB also followed with roughly $1.32 million. According to SoSoValue, spot Bitcoin ETFs had total net assets of about $104.9 billion and cumulative historical net inflows of around $57.6 billion—the institutional buying has returned, and the three-day total is substantial.
The other side tells a different story: spot Ethereum ETFs saw combined net outflows of about $21.41 million that same day, also marking their third consecutive day of outflows. BlackRock’s ETHA led with about $44.83 million in net outflows. Fidelity’s FETH and Grayscale’s ETH did see slight inflows, but they weren’t enough to offset the overall retreat. Money is flowing into Bitcoin funds and out of Ethereum funds—the flows for the two major assets are moving in opposite directions.
On the afternoon of October 29 (UTC+8), $BTC was still hovering around $79,800 on Binance and in the public market, down about 1.4% over 24 hours; $ETH was around $2,307, with a slightly larger decline. Spot funds have been taking in money for days, while the spot price is grinding along near $80,000, trying to find a bottom—the flow of funds and price action are temporarily moving in opposite directions. In the short term, the key question is whether this level can hold; if it can’t, prices may need to search lower for support. Disclosures and market conditions govern.
#BTC #ETH #行情 does not constitute investment advice.
The other side tells a different story: spot Ethereum ETFs saw combined net outflows of about $21.41 million that same day, also marking their third consecutive day of outflows. BlackRock’s ETHA led with about $44.83 million in net outflows. Fidelity’s FETH and Grayscale’s ETH did see slight inflows, but they weren’t enough to offset the overall retreat. Money is flowing into Bitcoin funds and out of Ethereum funds—the flows for the two major assets are moving in opposite directions.
On the afternoon of October 29 (UTC+8), $BTC was still hovering around $79,800 on Binance and in the public market, down about 1.4% over 24 hours; $ETH was around $2,307, with a slightly larger decline. Spot funds have been taking in money for days, while the spot price is grinding along near $80,000, trying to find a bottom—the flow of funds and price action are temporarily moving in opposite directions. In the short term, the key question is whether this level can hold; if it can’t, prices may need to search lower for support. Disclosures and market conditions govern.
#BTC #ETH #行情 does not constitute investment advice.
