Bitcoin ETF inflows reached $90.6 million on Friday, with no outflows across 12 funds, pushing cumulative totals to $61.98 billion amid BTC’s recovery to $111,600. This surge follows a recent market crash, contrasting Ethereum ETFs’ $93.6 million net outflows.
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Bitcoin ETFs recorded $90.6 million in net inflows on Friday, marking a strong rebound.
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Ethereum ETFs faced $93.6 million in net outflows, with BlackRock’s fund leading at $101 million.
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SEC decisions on Cardano and XRP ETFs delayed by U.S. government shutdown, with 77% odds for Cardano approval in 2025 per Polymarket data.
Discover the latest Bitcoin ETF inflows hitting $90.6M amid market recovery, Ethereum outflows, and SEC delays on altcoin funds. Stay informed on crypto investments and ETF trends for 2025 opportunities.
What Are the Latest Bitcoin ETF Inflows?
Bitcoin ETF inflows surged to $90.6 million on Friday, with all 12 BTC funds avoiding outflows and cumulative net inflows reaching $61.98 billion. This marks a significant rebound following recent market turbulence. BlackRock’s iShares Bitcoin ETF led with $32.68 million in single-day inflows, contributing to its historical total of $65.306 billion.
Why Are Ethereum ETFs Experiencing Outflows?
Ethereum ETFs recorded a net outflow of $93.6 million on Friday, extending challenges for ETH funds to three consecutive days without inflows. BlackRock’s Ethereum ETF saw outflows of nearly $101 million, while cumulative net inflows stand at $14.35 billion as of October 24. This downturn aligns with Ethereum’s price struggling below $4,000, currently at $3,950, up 1.7% over the past seven days. On-chain data from sources like Farside Investors highlights the contrast with Bitcoin’s resilience, where no outflows occurred among BTC ETFs. Expert analysis from Bloomberg Intelligence notes that Ethereum’s slower recovery post-crash contributes to investor caution, with ETH’s price drop mirroring broader altcoin volatility after the October 11 event.
The Bitcoin ETF resurgence follows a volatile period, including $1.23 billion in outflows from October 13 to 17. This rapid exit was triggered by the October 11 crypto market crash, where Bitcoin fell from $121,000 to around $103,000. Now, with BTC trading at $111,600—up over 4.5% in the last seven days—investors appear to be rebuilding positions through spot ETFs.
Fidelity’s Bitcoin ETF also contributed significantly, posting $57.92 million in inflows and reaching a historical net inflow high of $12.597 billion. Such data, tracked by on-chain analytics platforms, underscores growing institutional confidence in Bitcoin as a store of value amid economic uncertainties.
Frequently Asked Questions
What Impacted the Recent Outflows from Bitcoin ETFs?
The $1.23 billion outflows from Bitcoin ETFs between October 13 and 17 stemmed directly from the October 11 crypto crash, which saw BTC’s price plummet from $121,000 to $103,000. This event triggered widespread selling pressure, but the subsequent inflows indicate a quick stabilization as prices recovered.
How Is the U.S. Government Shutdown Affecting Crypto ETF Approvals?
The U.S. Federal Government shutdown starting October 1 has reduced the SEC’s operational capacity, stalling decisions on three XRP ETFs and Grayscale’s Cardano ETF despite deadlines passing this week. Legal expert Andrew Jacobson from Halliday predicts a pause in approvals now, but expects rapid progress once operations resume, especially during the busy fall ETF season.
Key Takeaways
- Bitcoin ETF Strength: Net inflows of $90.6 million with no outflows signal robust demand, boosting cumulative totals to $61.98 billion.
- Ethereum Challenges: $93.6 million net outflows reflect altcoin struggles, with ETH prices hovering at $3,950 amid recovery efforts.
- Regulatory Delays: SEC timeline for Cardano and XRP ETFs halted by shutdown; Polymarket odds show 77% chance for Cardano approval in 2025.
Conclusion
Recent Bitcoin ETF inflows of $90.6 million highlight a positive shift in investor sentiment following the October crash, contrasting with Ethereum ETF outflows and underscoring Bitcoin’s market leadership. As the U.S. government shutdown delays SEC decisions on altcoin funds like Cardano, streamlined approval rules could pave the way for over 100 new crypto ETFs in the coming months, per analyst James Seyffart from Bloomberg Intelligence. Investors should monitor shutdown resolutions and price recoveries for strategic opportunities in the evolving crypto ETF landscape.
