On October 26, US spot Bitcoin ETFs recorded net inflows of approximately $110.3 million, marking a rebound after a period of redemptions. BlackRock's IBIT fund was the primary driver of this growth.
Conversely, spot Ethereum ETFs experienced net outflows of about $88.6 million on the same day, with BlackRock's ETHA leading the exits. October has been challenging for Ethereum products, with total monthly outflows exceeding $1.1 billion.
Cumulative data shows that US spot Bitcoin ETFs have attracted over $57 billion in net inflows since launch, holding between 1.28 million and 1.3 million BTC. Total assets under management for these funds are estimated at $102 to 104 billion.
In comparison, spot Ethereum ETFs have seen cumulative net inflows of $12.6 to 12.7 billion, with total assets ranging from $14.5 to 14.6 billion. Bitcoin funds have attracted more than four times the net new capital compared to Ethereum products.
