Spot Bitcoin exchange-traded funds posted a daily net outflow of 403 BTC as of Oct. 21, according to data shared by Lookonchain on X. The amount was valued at about $33.88 million. Despite the one-day withdrawal, spot Bitcoin ETFs still recorded a net inflow of 2,528 BTC over the past seven days, worth roughly $212 million.
Spot Ethereum ETFs also showed negative daily flow. Lookonchain said the products logged a net outflow of 12,700 ETH on the day, equivalent to about $31.42 million. Over the last seven days, spot Ethereum ETFs posted a cumulative net outflow of 155,100 ETH, or around $384 million.
The figures point to diverging short-term and weekly flow patterns between the two asset classes. Bitcoin ETFs saw a one-day pullback while remaining positive on a seven-day basis, whereas Ethereum ETFs recorded both daily and weekly net outflows in the data snapshot dated Oct. 21.
Spot Bitcoin exchange-traded funds recorded a daily net outflow of 403 BTC as of Oct. 21, according to Lookonchain.
That amount was worth about $33.88 million. Over the past seven days, spot Bitcoin ETFs still posted a cumulative net inflow of 2,528 BTC, valued at roughly $212 million.
Spot Ethereum ETFs, meanwhile, saw a daily net outflow of 12,700 ETH, or about $31.42 million. Over the last seven days, the products logged a cumulative net outflow of 155,100 ETH, worth around $384 million.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.