Spot ETF Weekly Fund Flows: Significant Drop in BTC and ETH
10/26/2024 4:13:03 AM
According to Spot On Chain, during the week of October 21 to 25, 2024, there was a notable decrease in the total weekly fund flows for Bitcoin (BTC) and Ethereum (ETH) spot ETFs. The BTC ETF saw a flow of $995 million, and the ETH ETF had a flow of $24.7 million. Despite the overall reduction in flows compared to previous weeks, BlackRock (IBIT) continued to be a significant buyer, adding 17,111 BTC valued at $1.14 billion. (Source)
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