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Crypto ETFs Turn Green as Bitcoin Pulls $176M and Ethereum Adds $24.8M

Crypto ETFs Turn Green as Bitcoin Pulls $176M and Ethereum Adds $24.8M
Photo: The Market Periodical

BTC when published $81,869Now $80,595 ▼ −1.56% since it was published

U.S. crypto ETFs closed October 13 in the green on both sides. Spot Bitcoin funds recorded $175.62 million in net inflows, and spot Ethereum funds added $24.84 million, according to SoSoValue data. For Ethereum products, it was the first positive day of the month after a long run of daily outflows. The numbers follow a rough stretch. Bitcoin ETFs lost $681.10 million in the week ending October 9, and Ethereum ETFs shed $542.07 million over the same period. Fidelity’s FBTC did most of the heavy lifting, pulling in roughly $103 million, well over half of the day’s $175.62 million total.

First reported by The Market Periodical. This page is a short excerpt; the full text is theirs.

Read the full story at The Market Periodical (opens in a new tab)

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