Bitcoin ETFs Gain $110M as Ether Funds Extend Outflows
U.S. spot Bitcoin ETFs recorded $110.3 million in net inflows on Monday, while spot Ether ETFs lost $88.58 million. The latest Bitcoin ETF inflow came entirely from BlackRock’s IBIT, which has accumulated $66.24 billion in net inflows, while other tracked Bitcoin funds reported no net flows. Ether ETF outflows were led by BlackRock’s ETHA, which lost $104.7 million; Fidelity’s FETH partly offset the withdrawals with $16.13 million in inflows.
The latest figures add to a wider October divergence: Ether ETFs have lost more than $1.1 billion this month, their largest monthly outflow this year, while Bitcoin ETFs recorded $301 million in net inflows for the week ending around October 23–24 despite roughly $774 million in late-week redemptions. Since launch, Bitcoin ETFs have attracted more than $57 billion in net inflows and hold about $102 billion to $104 billion in assets; Ether ETFs have drawn roughly $12.6 billion to $12.7 billion and hold about $14.5 billion to $14.6 billion.
The contrast points to stronger relative demand for Bitcoin ETFs, but Monday’s inflow was concentrated in IBIT rather than broad-based across issuers. Solana, XRP and HYPE funds also saw outflows, while Zcash and NEAR products recorded inflows. Ahead of the Federal Reserve’s October 28 rate decision, traders will watch whether Bitcoin ETF inflows broaden and whether ETHA redemptions persist. Ether was around $2,309.58, with $2,280–$2,300 identified as a key support zone.
Neutral
The flows send opposing signals for the two main assets, so the combined market view is neutral rather than uniformly bullish or bearish. Bitcoin ETF inflows are supportive of BTC sentiment, but the latest $110.3 million addition came only through IBIT, limiting evidence of broad institutional demand. Earlier weekly inflows also came alongside substantial late-week redemptions, suggesting flows may remain volatile. In the short term, traders may treat sustained inflows across multiple Bitcoin funds as a stronger bullish confirmation; concentration in one fund could instead limit the price response.
For ETH, persistent ETF withdrawals—including more than $1.1 billion in October and a further $88.58 million on Monday—may weigh on sentiment and increase pressure on the $2,280–$2,300 support area. A break below that zone could encourage further selling, while stabilization in ETHA flows or renewed inflows could ease concerns. The Federal Reserve decision is an additional near-term catalyst that may affect risk appetite and ETF demand. Over the longer term, repeated flows and whether demand broadens across issuers are more informative than a single day’s data; ETF flows can influence positioning, but do not by themselves determine prices.