The United States spot Ether ETFs have experienced their most significant single-day inflow since their launch.
Nine spot Ether ETFs combined saw $135.9 million in net inflows, following an even larger $295 million inflow the previous day.
Bitcoin ETFs witnessed a striking sell-off as traders pulled over $541 million from 11 spot Bitcoin ETFs in the lead-up to the U.S. election.
BlackRock's IBIT, one of the leading Bitcoin ETFs, experienced a massive trading volume surge on October 29, reaching $3.35 billion.
Bitcoin surged past $70,000 for the first time since June 10, marking a milestone fueled by robust inflows into U.S. spot Bitcoin ETFs.
On October 11, spot Bitcoin ETFs witnessed $253.6 million in net inflows, marking a rebound after three consecutive days of outflows.
The spot Bitcoin ETFs have been buzzing with activity, particularly following the Federal Reserve’s recent rate cuts.
BlackRock’s iShares Bitcoin Trust (IBIT), one of the top spot Bitcoin ETFs, recorded its first daily net inflows since August 26.
Over the eight days, Bitcoin ETFs saw roughly $1.2 billion pulled out, marking the longest consecutive period of outflows since their launch.
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