Bitcoin (BTC) ETFs Shed $137.9 Million as Ether (ETH) Funds Add $4.4 Million

U.S. spot Bitcoin (BTC) ETFs recorded $137.9 million in net outflows Friday, Oct. 23, extending withdrawals to a second straight trading session, while spot Ether (ETH) ETFs had $4.4 million in net inflows. Bitcoin ETFs also posted net outflows Thursday, Oct. 22. Ether’s $4.4 million gain was about 3.2% of the amount withdrawn from Bitcoin funds and was modest beside the $3.1 billion in net inflows spot Ether ETFs recorded during the third quarter. ETF net flows reflect share creations and redemptions during a trading session.