WuBlockchain
U.S. spot Bitcoin ETFs recorded $119 million in net inflows on Oct. 6, led by BlackRock’s IBIT with $122 million. Spot Ether ETFs posted $202 million in net outflows, all from BlackRock’s ETHA.
Why it matters
The flows diverged sharply between the two largest crypto ETF markets. Bitcoin products attracted net capital while Ether products lost more than they gained, with ETHA accounting for the entire Ether ETF outflow.
Market impact
The figures point to stronger demand for spot Bitcoin ETF exposure than for spot Ether ETF exposure on Oct. 6. They track fund flows, not direct changes in either token’s price.
Frequently asked questions
-
How much did U.S. spot Bitcoin ETFs bring in on Oct. 6?
U.S. spot Bitcoin ETFs recorded $119 million in net inflows on Oct. 6.
-
Which fund led Bitcoin ETF inflows?
BlackRock’s IBIT led Bitcoin ETF inflows with $122 million.
-
How large were spot Ether ETF outflows?
Spot Ether ETFs posted $202 million in net outflows on Oct. 6.
-
Which fund accounted for the Ether ETF outflows?
All of the reported spot Ether ETF outflows came from BlackRock’s ETHA.
-
What did the flow figures indicate about Bitcoin and Ether ETF demand?
Bitcoin ETFs recorded net inflows while Ether ETFs recorded net outflows, indicating stronger ETF demand for Bitcoin exposure on Oct. 6.
CryptoSlate
Crypto Rank News
CoinTelegraph
TheBlock
Lookonchain
Crypto News
CoinDesk