In a significant move, Bitcoin spot ETF had a total net inflow of $402 million on October 25, and BlackRock ETF IBIT had an inflow of $292 million. Meanwhile, Ethereum spot ETF had a total net outflow of $19.1562 million on October 25.
According to Farside data, Investors reported remarkable net inflows on Oct 25, with spot Bitcoin ETFs receiving a peak of $402 million on Friday. BlackRock’s iShares Bitcoin Trust (IBIT) led this surge, attracting $292 million, while Fidelity’s Wise Origin Bitcoin Fund (FBTC) saw $56.9 million. This rise shows growing investor interest as Bitcoin gains trust as a stable asset.
On the other hand, Ethereum spot ETFs saw a net outflow of $19.16 million. This difference in flow shows how investor feelings about both assets have changed. While Bitcoin saw a lot of interest, Ethereum had less attraction for investors. The outflow from Ethereum ETFs may reflect caution or a preference for Bitcoin.
The Fidelity FBTC saw a net inflow of $56.9 million, following IBIT. Meanwhile, ARK’s ARKB and VanEck’s HODL ETFs witnessed withdrawals of $33.4 million and $11.3 million, respectively. While other spot Bitcoin ETFs saw positive returns, the Grayscale BTC experienced a net outflow of $5.9 million.
Bitcoin ETF Investments Rise As Markets Shift
Bitcoin spot ETFs have started getting more investments, even during big market swings. These funds give investors a straightforward way to enter the Bitcoin market, helping push it further into mainstream finance. Leading this trend is BlackRock, with a large amount flowing in from IBIT, as ETFs begin to play a major role in the digital asset world.
However, The chief crypto analyst Jamies Coutts suggested that Bitcoin, currently at $67,114, could rise by more than 155% during this market cycle. He also said that Bitcoin’s market capitalization could reach approximately $3.75 trillion by August 2025.
At the time of writing Bitcoin was trading at $67,067.48, according to Coinmarketcap. The Bitcoin total market cap is $1.33T. We have seen a significant drop during the week as well a pushback simultaneously. BTC is heading up after hitting the order Block on 4H. Now, that might not stay for long as it’s headed towards the $68.5k -$69.3k which is a major resistance both on the hourly and weekly TF.
Related Reading | Grayscale Bitcoin Trust Sees $20.8 Million in Outflows
