Crypto
U.S. Bitcoin and Ethereum ETFs See Outflows on October 5
On October 5, U.S. Bitcoin spot ETFs experienced a notable net outflow of $89.8 million, according to monitoring data from Farside. The IBIT ETF bucked the trend with a net inflow of $69.9 million, while FBTC and ARKB saw significant outflows of $74.5 million and $85.2 million, respectively. All other Bitcoin spot ETFs reported zero net flows for the day.
Meanwhile, Ethereum spot ETFs also faced a net outflow, totaling $18.9 million. The FETH ETF accounted for the entire outflow, with no net flows recorded for other Ethereum ETFs.
The data was reported by Huo Xing Finance and shared by KuCoin, which included a disclaimer noting that the information may not reflect KuCoin's views and should not be considered financial or investment advice.