Bitcoin ETFs Gain $82.9M as Ethereum Sees Widespread Withdrawals
Crypto ETF flows have been mixed for the week of Sep. 28, Oct. 2, according to Farside Investors' data.
U.S. Bitcoin ETFs recorded provisional net inflows of $82.9 million during this period, a significant drop from the preceding week's $2.39 billion intake.
The weekly total was influenced by four positive sessions, with Wednesday's withdrawals reducing the overall amount and Thursday's intake being the largest positive session.
In contrast, Ethereum ETFs posted net outflows of $118 million, a reversal from the previous week's inflows of $689.8 million. Every session during this period ended in negative for Ethereum funds.