Bitcoin, Ethereum ETF Snap Outflow Streak With $619M Inflows

Bitcoin and Ethereum ETF products snapped their multi-day outflow streak on October 21 with combined inflows of $618.85 million.

Bitcoin ETF products recorded $477.19 million in net inflows while Ethereum ETF funds attracted $141.66 million. The reversal follows four consecutive days of outflows totaling over $1.3 billion between October 15-20.

Bitcoin ETF Products Lead Recovery with $477.19M Inflows

Bitcoin ETF products recorded $477.19 million in net inflows on October 21. This is the largest single-day accumulation since early October peaks.

BlackRock’s IBIT contributed $210.90 million and maintained its position as the institutional preferred vehicle with cumulative inflows reaching $65.09 billion.

ARK 21Shares’ ARKB posted the second-largest contribution at $162.85 million with 1,450 Bitcoin accumulated.

The fund maintains $2.22 billion in cumulative inflows, positioning it among the top five Bitcoin ETF products by total flows.

Fidelity’s FBTC added $34.15 million. The contribution supplemented previous day’s flows and maintained FBTC’s consistent accumulation pattern.

Cumulative inflows for FBTC stand at $12.59 billion, second only to IBIT among all Bitcoin ETF products.

Bitwise’s BITB contributed $20.08 million with 179.39 Bitcoin accumulated. VanEck’s HODL added $17.41 million, representing 155.55 Bitcoin.

Grayscale’s mini Bitcoin trust, BTC, posted $13.86 million in inflows with 123.84 Bitcoin purchased.

Invesco’s BTCO recorded $8.92 million, representing 79.68 Bitcoin. Franklin’s EZBC contributed $6.48 million, with 57.87 Bitcoin accumulated.

Valkyrie’s BRRR added $2.53 million with 22.59 Bitcoin purchased. Multiple products, including Grayscale’s GBTC, WisdomTree’s BTCW, and Hashdex’s DEFI, reported zero net flows.

Total Bitcoin ETF assets under management reached $151.58 billion with daily trading volume of $7.41 billion.

Ethereum ETF Funds Attract $141.66M Led by Fidelity’s FETH

Ethereum ETF products recorded $141.66 million in net inflows on October 21, following the previous day’s $145.68 million outflows.

Fidelity’s FETH led with $59.07 million, representing 14,730 ETH accumulated. The single-product contribution comprised 42% of total Ethereum ETF category inflows.

BlackRock’s ETHA contributed $42.46 million, with 10,590 ETH purchased. ETHA maintains $14.17 billion in cumulative inflows.

Grayscale’s mini Ethereum trust, ETH, added $22.58 million. The smaller Grayscale vehicle maintained positive flow momentum with cumulative inflows reaching $1.53 billion.

VanEck’s ETHV recorded $4.40 million in inflows. The contribution continued ETHV’s pattern of modest but consistent accumulation.

Multiple products, including Bitwise’s ETHW, Franklin’s EZET, 21Shares’ TETH, and Invesco’s QETH, reported zero net flows during the session.

Total Ethereum ETF assets under management reached $27.17 billion with daily trading volume of $3.17 billion.

Multi-Day Outflow Streak Totaled Over $1.3B Before Reversal

The October 21 inflows reversed a four-day Bitcoin and Ethereum ETF outflow streak totaling over $1.3 billion.

Bitcoin ETF products experienced $40.47 million outflows on October 20, $366.59 million on October 17, $536.44 million on October 16, and $104.11 million on October 15.

Ethereum ETF funds posted $145.68 million outflows on October 20, $232.28 million on October 17, and $56.88 million on October 16. The three consecutive outflow days contrasted with October 15’s $169.66 million inflows.

In other ETF news, senior Bloomberg ETF analyst Eric Balchunas stated there are currently 155 crypto ETP applications tracking 35 different digital assets. The number is expected to rise to 200 over the next 12 months.

According to data charts, ETP applications related to Solana, Bitcoin, and XRP each exceed 20 filings. Ethereum and Basket ETPs each exceed 10 applications.