Bitcoin ETFs Take In $176 Million as Ether Funds Lose $60.2 Million

U.S. spot Bitcoin ETFs recorded $176 million in net inflows on Oct. 27, led by BlackRock’s IBIT at $151.5 million and Fidelity’s FBTC at $24.5 million, according to Farside Investors data cited by BlockBeats.

Ether funds move in the opposite direction

U.S. spot Ether ETFs posted $60.2 million in net outflows. BlackRock’s ETHA lost $93.3 million, partly offset by $28.6 million of inflows into Fidelity’s FETH and $4.5 million into Grayscale Mini ETH; the remaining products recorded zero flow in the cited data.

ETF flows reflect reported creations and redemptions and do not by themselves prove direct spot-market buying or selling. Read the English BlockBeats flash (original Chinese: BlockBeats flash).