Ethereum spot ETFs struggled on October 23, recording a combined $128 million in outflows, with none of the nine funds showing any inflows. In contrast, Bitcoin spot ETFs attracted $20.33 million in net inflows, largely driven by BlackRock’s IBIT, which alone pulled in $108 million. The contrasting flows highlight investor preference tilting toward Bitcoin while Ethereum ETFs continue to face selling pressure in the current market environment.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
The crypto market took a sharp breather today after weeks of strong momentum. Bitcoin slipped…
Binance’s new co-CEO, He Yi, stated that employees are strictly forbidden from being involved in…
Cardano once spent years building toward its first major rally. It took four full years…
Tron (TRX) is trading near $0.28, holding steady amid adverse market conditions and potential capital…
XRP is once again gaining strong traction across the crypto market as traders grow increasingly…
The search for the best crypto to invest in under $0.05 has grown louder as…
