Summary
- US Bitcoin ETFs recorded $137 million in net inflows the previous day, marking a third straight trading day of inflows.
- BlackRock IBIT led the inflows with $136 million in net additions, while Bitwise BITB also posted $1.3 million in net inflows.
- US Ether ETFs saw $21 million in net outflows the previous day, extending their streak of withdrawals to three straight trading days.
Forecast Trend Report by Period
US spot Bitcoin exchange-traded funds posted net inflows for a third straight trading day. US spot Ether ETFs, by contrast, recorded net outflows for a third consecutive session.
On-chain analytics firm Farside Investors said on October 29 that US Bitcoin ETFs took in net inflows of $137 million on October 28. That extended the inflow streak to three trading days.
BlackRock's IBIT led the inflows, attracting $136 million. Bitwise's BITB added another $1.3 million. The remaining ETFs recorded no net flows.
US Ether ETFs, meanwhile, posted net outflows of $21 million on October 28. That marked a third straight trading day of outflows.
BlackRock's ETHA saw the largest outflow at about $44.8 million. Fidelity's FETH and Morgan Stanley's MSSE recorded net inflows of $18.8 million and $1 million, respectively.
Grayscale Mini ETH also posted net inflows of $3.6 million. The remaining ETFs recorded no net flows.
JOON HYOUNG LEE
gilson@bloomingbit.ioCrypto Journalist based in Seoul