Bitcoin and Ethereum ETF NetFlow Update: Blackrock and Grayscale Insights
10/25/2024 4:29:43 PM
According to Lookonchain, on October 25, the net flow for Bitcoin ETFs was positive with an inflow of 3,186 BTC, amounting to approximately $215.86 million. Notably, Blackrock's iShares experienced significant inflows of 2,435 BTC, valued at $164.93 million, and currently holds a substantial 399,357 BTC, equivalent to $27.05 billion. In contrast, Ethereum ETFs saw a net outflow of 1,406 ETH, totaling a decrease of $3.56 million. Grayscale's ETHE reported outflows of 3,142 ETH, valued at $7.95 million, indicating a shift in market sentiment for Ethereum ETFs. (Source)
Bitcoin Ethereum Grayscale BlackRock ETHE iSharesMore from Lookonchain (@lookonchain): Looking for smartmoney onchain