BTC$79,835
ETH$2,309
BNB$751.71
XRP$1.29
SOL$99.88
TRX$0.3311
ZEC$1,240
HYPE$78.92
DOGE$0.0779
XMR$590.19Spot bitcoin ETFs add $137M, with BlackRock's IBIT at $136M
US spot bitcoin ETFs took in $137M net on Oct 28, nearly all of it into BlackRock's IBIT, per SoSoValue. Spot ether ETFs lost $21.41M.
US spot bitcoin ETFs recorded $137M in net inflows on Oct 28 (Eastern Time), Wu Blockchain reported, citing SoSoValue data. BlackRock's IBIT took in $136M, nearly the entire amount. Spot ether ETFs, by contrast, saw net outflows of $21.41M.
Details
Among ether funds, Fidelity's FETH posted the largest single inflow at $18.78M, but other funds more than offset it, leaving the group in the red.
Our fund-by-fund table refreshes as SoSoValue publishes full data. At the time of writing it held only a partial set for Oct 28, so we do not give a breakdown for the remaining funds. The figures may still be revised.
A day earlier, on Oct 27, bitcoin ETFs took in $176M and ether funds lost $60.22M; see our earlier note.
What this means for the market
Spot bitcoin ETFs have now posted inflows two days running, with the largest fund supplying almost all of it, while ether products keep shedding assets. For the live price and context, see the daily brief; coin pages: Bitcoin and Ethereum.
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