Ether exchange-traded funds recorded $320 million in outflows during the Oct. 12 to Oct. 16 period tracked by Farside, surpassing bitcoin’s weekly withdrawals, according to TheDefiant. Across five crypto ETF groups monitored by the data provider, total outflows reached $610.7 million over the same stretch. The report also said bitcoin withdrawals slowed by 66% from the previous week, indicating a sharp deceleration even as money continued to leave the sector. The figures point to heavier selling pressure in Ether-linked products than in Bitcoin funds for that specific week.
Ether exchange-traded funds saw $320 million in outflows during Oct. 12–16, overtaking bitcoin’s weekly withdrawals, according to Farside data cited by TheDefiant.
Five crypto ETF groups lost $610.7 million
Across five crypto ETF groups tracked by Farside, total outflows reached $610.7 million during the Oct. 12 to Oct. 16 period. The report added that bitcoin withdrawals slowed 66% from the preceding week.
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