Bitcoin ETF Outflows Hit $137.9M as Ether Funds Gain $4.4M

Bitcoin ETF outflows hit $137.9M on Oct. 23 as IBIT led the losses, while Ether funds added $4.4M. Bitcoin ETFs still ended the week positive.

• Bitcoin ETFs experienced significant outflows totaling $137.9 million on October 23, led by BlackRock's IBIT and Fidelity's FBTC.
• Despite daily outflows, Bitcoin ETFs concluded the week with positive net flows, indicating resilience.
• Ether ETFs saw a modest inflow of $4.4 million, offering slight relief after substantial previous withdrawals.

Topics: Institutional adoption, Public market access, Bitcoin etf, Asset manager initiatives, Market legitimacy adoption, Capital inflows aum

Tags: #bitcoinetf #etheretf #outflows #inflows #ibit #fbtc #feth #blackrock #fidelity #morganstanley

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