Spot Bitcoin ETFs in the U.S. recorded a weekly net inflow of approximately $301 million, ending a two-week period of losses. Despite this weekly gain, the funds experienced outflows of $137.9 million on Friday and $635.6 million on Thursday, contributing to a monthly deficit of about $314 million for October.
Cumulative net inflows for Bitcoin ETFs since their January 2024 launch reached $57.6 billion, with total net assets standing at $100.2 billion. Ethereum ETFs saw a minor inflow of $4.4 million on Friday but recorded a weekly loss of $221 million, leaving them down by roughly $1.18 billion for the month of October.
Solana ETFs reported no net flows on Friday following a $8.9 million outflow on Thursday, bringing their monthly decline to approximately $68 million. Since their respective launches, Ethereum funds have attracted $12.7 billion in net inflows, while Solana funds continue to see fluctuations in investor sentiment.
Market data indicates a recent decline in asset prices, with Bitcoin falling 1.2% over the week to approximately $80 490. Ethereum dropped 2.6% to roughly $2 344, and Solana fell 2.8% to about $101. The total cryptocurrency market capitalization decreased by 1.2%, reaching $2.79 trillion by the weekend.
