Huo Xing Finance reports that, according to Farside data on October 23, U.S. spot Bitcoin ETFs experienced a net outflow of $635 million yesterday, with BlackRock’s IBIT seeing a net outflow of $254 million, Fidelity’s FBTC a net outflow of $217 million, and ARK’s ARKB a net outflow of $109 million. Additionally, U.S. spot Ethereum ETFs recorded a net outflow of $110 million yesterday, with BlackRock’s ETHA seeing a net outflow of $75.5 million and ETHB a net outflow of $17.2 million.
U.S. Bitcoin Spot ETFs Experience $635M Net Outflow; Ethereum ETFs Lose $110M on October 22
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Summary
Ethereum news reports a $110 million net outflow from U.S. Ethereum spot ETFs on October 22, according to Farside data. BlackRock’s ETHA lost $75.5 million, and ETHB declined by $17.2 million. On-chain data shows Bitcoin spot ETFs also experienced a $635 million outflow, with BlackRock’s IBIT down $254 million, Fidelity’s FBTC at $217 million, and ARK’s ARKB at $109 million.
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