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BlackRock's Divergent ETF Flows: Bitcoin Outflows vs Ethereum Inflows on Oct 16
Gate News bot message, daily ETF flows data on October 16 shows contrasting movements in Bitcoin and Ethereum funds.
Across 10 Bitcoin ETFs, the net outflow reached 51 BTC ($5.57M), with BlackRock experiencing an outflow of 91 BTC ($10M). BlackRock’s total Bitcoin holdings stand at 805,103 BTC ($88.65B).
For the 9 Ethereum ETFs, the market recorded a positive net inflow of 57,134 ETH ($227.57M). BlackRock led with significant inflows of 41,132 ETH ($163.83M), bringing its total Ethereum holdings to 4,040,836 ETH ($16.69B).