Bitcoin, Ether ETFs Lose $150.8M as BlackRock Funds Lead Outflows

U.S. spot Bitcoin (BTC) and Ether (ETH) ETFs shed approximately $150.8 million on Oct. 12 as withdrawals from BlackRock’s funds drove losses across both markets. Bitcoin ETFs recorded $65.40 million in net outflows, all from BlackRock’s iShares Bitcoin Trust, known as IBIT. Other spot Bitcoin ETFs were flat. Trading volume reached $1.23 billion, while total net assets stood at $106.06 billion at the end of the session. Ether ETFs lost $85.39 million, extending their outflow streak to 10 consecutive trading sessions.