According to Lookonchain, aggregate net flows on Oct 13 were negative across both asset classes, with 10 Bitcoin ETFs at -1,779 BTC (-$198.51M) and 9 Ethereum ETFs at -92,891 ETH (-$370.63M) (source: Lookonchain). Bitwise recorded outflows of 1,000 BTC ($111.63M) and currently holds 41,194 BTC valued at $4.6B (source: Lookonchain). BlackRock recorded outflows of 72,893 ETH ($290.84M) and currently holds 3,999,704 ETH valued at $15.96B (source: Lookonchain). Based on Lookonchain figures, dollar outflows from ETH ETFs exceeded BTC ETFs by $172.12M on the day (source: Lookonchain). Outflows were issuer-concentrated: BlackRock accounted for roughly 78.5% of ETH ETF net outflows by ETH units, while Bitwise accounted for about 56.2% of BTC ETF net outflows by BTC units (source: Lookonchain). Relative to holdings, Bitwise’s daily BTC outflow equaled approximately 2.43% of its BTC holdings, and BlackRock’s daily ETH outflow equaled about 1.82% of its ETH holdings (source: Lookonchain).

According to @FarsideUK, Bitwise’s US spot Bitcoin ETF posted an $80.5 million net outflow for the day, based on the Bitcoin ETF Daily Flow dataset. source: Farside Investors on X dated Sep 25, 2025; Farside BTC ETF dashboard at farside.co.uk/btc. @FarsideUK also relayed that 10% of profits from this Bitwise product are allocated to Bitcoin developers. source: Farside Investors on X dated Sep 25, 2025. Traders tracking BTC exposure via US spot ETF primary market activity can reference this datapoint alongside issuer-level flows on the Farside dashboard when assessing near-term liquidity conditions. source: Farside BTC ETF dashboard at farside.co.uk/btc.