U.S. crypto ETFs moved in opposite directions on Wednesday as investors continued to tread carefully after last week’s flash crash.
Bitcoin funds saw renewed weakness, recording $104 million in outflows, while Ethereum ETFs attracted nearly $170 million in new inflows – a sign that some traders may be rotating into alternative assets amid lingering volatility.
Data showed Grayscale’s GBTC leading the Bitcoin outflows with $82.9 million, followed by Invesco’s BTCO and BlackRock’s IBIT, which lost $11 million and $10 million, respectively. Meanwhile, BlackRock’s ETHAaccounted for nearly all of the Ethereum inflows, pulling in $164 million, with Bitwise and Fidelity adding modest amounts.
The uneven flows follow Friday’s unprecedented market crash, triggered by Donald Trump’s announcement of 100% tariffs on Chinese imports – a move that rattled global markets. The crypto fallout was severe: Bitcoin plunged оver 10% to nearly $100,000, Ethereum dropped over 20%, and at least $20 billion in positions were liquidated, marking the largest wipeout in crypto’s history.
Though prices have partly stabilized – with Bitcoin hovering near $111,000 and Ethereum around $4,000 – the damage to liquidity and sentiment remains. Analysts at K33 Research note that the market is now in a “healing phase,” with thin liquidity and restrained positioning likely to persist until confidence returns.
Still, some see the turbulence as a potential turning point. Historically, major deleveraging events have often preceded periods of accumulation and recovery once volatility settles.
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The cryptocurrency market is showing signs of life today, with total market capitalization climbing to $3.63 trillion, a 2.58% increase from yesterday.
The week brought a wave of red for Bitcoin exchange-traded funds in the United States, as investors pulled roughly $1.22 billion out of the market.
On Tuesday, U.S. spot Bitcoin ETFs saw a notable outflow of $242.53 million, marking the largest single-day withdrawal since early September. This movement halted an eight-day streak of positive inflows.
Spot Bitcoin ETFs saw a resurgence in demand, with inflows hitting $555 million on Monday, nearly doubling from Friday’s figures.
Bitcoin ETFs saw significant outflows on Thursday, totaling $143.3 million, based on data from Farside Investors.
On October 2, Bitcoin ETFs saw a net outflow of $52.9 million, reflecting the mixed sentiment in the market.
At the start of September, U.S. spot Bitcoin ETFs faced a sharp decline, with about $288 million pulled out yesterday, according to Farside Investors.
Spot Bitcoin ETFs have seen a notable decline, with four straight days of withdrawals culminating in significant outflows on Christmas Eve.
Bitcoin ETFs in the U.S. are seeing renewed investor interest, marking a three-day streak of net inflows, while Ethereum-based funds continue to struggle with persistent outflows.
U.S. spot Bitcoin ETFs saw a notable uptick in investment during January, surpassing December's inflows.
U.S. spot Bitcoin exchange-traded funds (ETFs) have marked their tenth consecutive day of net inflows, reaching the longest positive streak since December 2024.
Trading activity in U.S.-listed spot Bitcoin ETFs just hit a new high for 2025, marking a major milestone in institutional crypto adoption.
U.S. Bitcoin exchange-traded funds (ETFs) have experienced their most extended period of withdrawals since launching in January 2024, with over $5.5 billion in outflows over the past five weeks.
Spot Bitcoin ETFs have seen a remarkable surge in investor interest recently, led by BlackRock’s iShares IBIT fund.
Bitcoin ETFs kicked off the week with a surge, drawing in over $235 million on a single day in October.
Spot Bitcoin exchange-traded funds (ETFs) in the U.S. have achieved over $20 billion in net inflows as of October 17, despite Bitcoin's price remaining stuck in a seven-month downtrend.
Recent data reveals that U.S.-based spot Bitcoin ETFs have surpassed the holdings of Satoshi Nakamoto, the mysterious creator of Bitcoin, to become the largest holders of the cryptocurrency.
U.S.-listed spot Bitcoin exchange-traded funds (ETFs) have crossed a major milestone, surpassing $50 billion in total net inflows—a signal that Bitcoin's institutional adoption is accelerating.
In the ongoing discussion about Bitcoin's price performance, Bloomberg analyst Eric Balchunas argues that Bitcoin ETFs are positively influencing the cryptocurrency's value, despite expectations of a dramatic price surge not being met.
For the past two weeks there was a notable surge in the amount of Bitcoin held in exchange wallets, with more than 35,000 BTC added.
Since early August, Bitcoin deposits to exchanges have notably decreased despite concerns over the Mt. Gox bankruptcy estate and potential US government sell-offs.
Bitcoin has seen a notable increase in exchange balances recently, with around 64,000 BTC, equivalent to about $4.1 billion, moving onto exchanges in the past month, based on Glassnode data.