Spot Bitcoin ETFs took in $21.1M on Friday. BlackRock's IBIT alone took $22.4M, more than the whole group.
That came after $729M left in the two days before: $484.9M on Oct 7 and $244.1M on Oct 8. By our math, Friday won back about 3% of it. Fidelity's FBTC was still a seller, at $3.6M out.
Ether ETFs lost $56.1M the same day, their 9th straight session of outflows, with BlackRock's ETHA behind the selling. The same issuer was the top Bitcoin buyer and the main Ether seller.
One buyer showed up. The sellers haven't left.
$BTC $ETH
#BitcoinETF #Bitcoin
NFA. DYOR.
That came after $729M left in the two days before: $484.9M on Oct 7 and $244.1M on Oct 8. By our math, Friday won back about 3% of it. Fidelity's FBTC was still a seller, at $3.6M out.
Ether ETFs lost $56.1M the same day, their 9th straight session of outflows, with BlackRock's ETHA behind the selling. The same issuer was the top Bitcoin buyer and the main Ether seller.
One buyer showed up. The sellers haven't left.
$BTC $ETH
#BitcoinETF #Bitcoin
NFA. DYOR.