US spot Bitcoin and Ether exchange-traded funds recorded net outflows of $549 million last week. Bitcoin ETFs saw $229 million in withdrawals, marking a second consecutive week of losses. Ether funds experienced $320 million in outflows, extending their streak to three weeks.
Data from SoSoValue indicates that Ether ETFs have seen approximately $955 million in net outflows during October, which is the highest monthly total this year. Despite recent trends, both Bitcoin and Ether funds maintain positive year-to-date inflows of $259 million and $610 million respectively.
Other digital asset funds also faced pressure last week. Solana ETFs reported $26 million in net withdrawals, while Zcash and Hyperliquid funds saw outflows of $19 million and $18 million. XRP and BNB funds recorded smaller losses of $1.8 million and $285 000.
