Bitcoin ETFs See $446 Million Inflow as Ethereum Funds Face Two-Week Outflow
Bitcoin exchange-traded funds (ETFs) recorded a net inflow of $446 million this week, signaling renewed institutional confidence in the flagship cryptocurrency. At the same time, Ethereum ETFs experienced a second consecutive week of outflows as investor sentiment toward the asset softened.
Ethereum ETFs Face Cooling Demand
Data from SoSoValue shows Ethereum-based investment products registered a net outflow of $243.9 million for the week ending October 24, following $311 million in withdrawals the previous week. The trend reflects a pause in institutional accumulation after months of steady capital inflows.Cumulative inflows to spot Ethereum ETFs now total $14.35 billion, with combined net assets of $26.39 billion — roughly 5.5 percent of Ethereum’s market capitalization. On October 24 alone, Ethereum ETFs saw a $93.6 million outflow. BlackRock’s ETHA fund led the decline with $100.99 million withdrawn, while Grayscale’s ETHW and Bitwise’s ETHE managed modest inflows.
Bitcoin ETFs Regain Momentum
Spot Bitcoin ETFs posted a strong $446 million net inflow, lifting total institutional exposure to $61.98 billion in cumulative inflows and $149.96 billion in total net assets, equivalent to 6.8 percent of Bitcoin’s market cap, according to Farside Investors.The iShares Bitcoin Trust (IBIT) from BlackRock led the gains with $32.68 million in new capital, followed by Fidelity’s FBTC adding $57.92 million. Together, the two funds control the majority of the sector — IBIT with $89.17 billion in assets and FBTC with $22.84 billion.
Capital Rotation and Market Narratives
Analysts suggest the current fund flows reflect a capital rotation toward Bitcoin as investors reinforce the “digital gold” narrative. Growing macroeconomic uncertainty and expectations of future rate cuts have renewed interest in BTC as a store of value. Meanwhile, Ethereum faces sluggish network activity and a lack of fresh institutional catalysts.Experts believe Bitcoin ETF inflows could remain strong next week as traders anticipate favorable monetary conditions. Ethereum and other altcoins may rebound only if on-chain activity rises and new growth drivers emerge.
Conclusion
The contrast between Bitcoin and Ethereum ETF flows illustrates a clear shift in market momentum. While Bitcoin continues to benefit from its reputation as a macroeconomic hedge, Ethereum’s struggles highlight the need for renewed network utility and institutional confidence to sustain capital inflows in the months ahead.Editorial Team — CoinBotLab