TREE NEWS reports: US spot Ether ETFs have recorded about $955 million in net outflows so far in October, while Bitcoin funds extended their weekly withdrawal streak to two weeks. Combined, Bitcoin and Ether ETFs shed $549 million. The figures point to sustained investor withdrawals from US spot crypto exchange-traded funds.
Bitcoin, Ether ETFs Shed $549M; Ether October Outflows Near $1B
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AI take
The scale of Ether ETF outflows relative to Bitcoin's suggests the weakness is concentrated in the second-largest asset rather than a uniform retreat from crypto exposure, which matters for how the flows story is framed. This affects issuers and market makers tied to these products, where sustained redemptions can weigh on liquidity and tracking. Whether Ether outflows keep outpacing Bitcoin's is the open question, along with whether the two-week Bitcoin withdrawal streak extends into a third.
Generated by AI for reference only.
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