US Ethereum ETFs lose $201.9 million while Bitcoin ETFs gain $118.8m
US spot Ethereum ETFs recorded $201.9 million in net outflows on October 6, while US spot Bitcoin ETFs saw approximately $118.8 million in net inflows. The session showed a clear divergence between institutional flows into Ether and Bitcoin.
Key figures
- Ethereum spot ETFs: $201.9 million net outflows on October 6, according to Farside Investors. The entire daily outflow came from BlackRock’s ETHA. Other tracked ETH products showed no net movement.
- Bitcoin spot ETFs: roughly $118.8 million net inflows on October 6. BlackRock’s IBIT accounted for $122 million of positive flow, with smaller movements elsewhere in the group.
Recent flow trend for Ethereum ETFs
- October 1: $55.4 million net outflows.
- October 2: $37.4 million net outflows.
- October 5: $50.8 million net outflows.
- October 6: $201.9 million net outflows.
Context and interpretation
Institutional crypto products regularly experience large creations and redemptions due to portfolio rebalancing and short-term trading strategies. ETF flows are a direct gauge of demand through traditional brokerage and asset-management channels.
Bitcoin ETFs have repeatedly attracted substantial capital through this channel. Ethereum ETFs have accumulated meaningful assets, with a flow profile that has been less consistent in recent sessions.
Implications
The October 6 data shows investors added capital to Bitcoin ETFs while withdrawing more than $200 million from Ethereum funds. Subsequent sessions will indicate whether this is a temporary repositioning or the start of a more persistent gap in institutional demand between BTC and ETH.
Authors credited by the source: NewsBTC Editorial Team
Published by Holder based on an external source.
