Spot ETF Inflows and Outflows for BTC and ETH
10/5/2024 1:07:55 PM
According to Spot On Chain, on October 4, 2024, there were inflows of $25.6 million into Bitcoin (BTC) and $7.4 million into Ethereum (ETH) spot ETFs. Despite these inflows, the total flow for BTC ETFs this week amounted to a net outflow of $302 million, with outflows occurring on three out of five trading days. Similarly, ETH ETFs experienced a net outflow of $30.4 million over the same period, also with outflows on three out of five trading days. This indicates a bearish sentiment in the ETF markets for both cryptocurrencies. (Source)
Bitcoin Ethereum ETH BTC Spot ETFMore from Undefined (@Undefined):