U.S. Spot Bitcoin ETFs Log $21.13M Inflows as Ethereum ETFs See $56.10M Outflows

AI Market Summary
U.S. spot Bitcoin ETFs posted modest net inflows ($21.13M) while spot Ethereum ETFs saw sizable net outflows ($56.10M), extending ETH's streak to nine days. On-chain data also show ETH exchange balances rising (potentially more sell-side liquidity) as BTC reserves fall (tighter exchange supply). The divergence highlights relative institutional demand strength for BTC versus ETH amid concurrent price declines, shaping near-term positioning and liquidity expectations.
Impact level
● Medium
Affected assets
ETH/USDT-0.26%
AI Insight · ETH/USDTAI Insight
● Neutral
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U.S. spot Bitcoin ETFs recorded $21.13 million in net inflows on Oct. 9, according to SoSoValue, led by $22.38 million entering BlackRock's IBIT. Spot Ethereum ETFs posted $56.10 million in net outflows, marking a ninth consecutive trading day of withdrawals. Santiment reported ETH exchange balances rose by more than 100,000 ETH from Oct. 4 to Oct. 8, while Bitcoin exchange reserves fell by about 15,000 BTC.