On October 23 ( ET), Ethereum's spot ETF funds recorded a net outflow of 128 million USD, as all nine funds had no inflows. This reflects the cautious sentiment of investors or the trend of take profit after a period of volatility in the crypto market.
In contrast, spot Bitcoin ETF funds attracted a total inflow of 20.33 million USD, led by BlackRock's IBIT fund with 108 million USD. This difference indicates that investors still maintain confidence in Bitcoin's mid-term potential, while temporarily withdrawing from Ethereum due to concerns about short-term volatility or legal factors — reflecting a shift in investment trends toward digital assets.
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