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BlackRock's Divergent ETF Flows: Bitcoin Outflows vs Ethereum Inflows on Oct 16

GateNews
bitcoin newsethereum news
BTC0,62%
ETH1%

Gate News bot message, daily ETF flows data on October 16 shows contrasting movements in Bitcoin and Ethereum funds.

Across 10 Bitcoin ETFs, the net outflow reached 51 BTC ($5.57M), with BlackRock experiencing an outflow of 91 BTC ($10M). BlackRock’s total Bitcoin holdings stand at 805,103 BTC ($88.65B).

For the 9 Ethereum ETFs, the market recorded a positive net inflow of 57,134 ETH ($227.57M). BlackRock led with significant inflows of 41,132 ETH ($163.83M), bringing its total Ethereum holdings to 4,040,836 ETH ($16.69B).

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

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