TLDR
- Bitcoin and Ethereum ETFs recorded a combined $339 million in net inflows on October 14.
- Bitcoin ETFs saw $102.6 million in inflows, led by Fidelity’s FBTC with $133 million.
- Ethereum ETFs posted stronger inflows totaling $236.2 millio,n led by Fidelity’s FETH with $154.6 million.
- BlackRock’s IBIT and Valkyrie’s BRRR experienced outflows that partially offset the gains from Bitcoin ETFs.
- Grayscale’s GBTC and multiple Ethereum ETF products reported no movement in capital flow.
Institutional buying returned sharply to crypto markets on October 14, with $339 million in net inflows recorded across major ETFs. Bitcoin ETFs added $102.6 million, while Ethereum ETFs posted stronger gains of $236.2 million. This shift followed days of steep outflows, marking a potential turning point for investor sentiment.
Bitcoin ETFs Record $102.6M in Daily Net Inflows
Bitcoin spot ETFs experienced a notable rebound, with $102.6 million in net inflows, reversing the heavy outflows from the prior session. Fidelity’s FBTC led all Bitcoin funds with $133 million in fresh capital, reflecting improved institutional interest. Bitwise’s BITB followed with $8 million, and Ark’s ARKB attracted $6.8 million.
Conversely, BlackRock’s IBIT and Valkyrie’s BRRR saw combined outflows of $44.85 million, partly offsetting broader gains. Grayscale’s GBTC remained flat, showing no inflow or outflow activity for the day. Despite some losses, the day ended with Bitcoin ETFs in positive territory.
This bounce occurred after Bitcoin ETFs’ sharp decline on October 13, which saw a loss of $326.5 million in one session. The reversal indicates a quick return of capital following a volatile downturn. Analysts noted that leveraged positions had reset, paving the way for renewed inflows.
Ethereum ETFs Lead Recovery with $236.2M in Net Inflows
Ethereum ETFs staged a stronger recovery, recording $236.2 million in daily net inflows on October 14. Fidelity’s FETH led with $154.6 million in inflows, the highest among Ethereum ETFs for the day. Grayscale’s ETHE and ETH added $50 million, while Bitwise’s ETHW and VanEck’s ETHV showed smaller gains.
BlackRock’s ETHA, 21Shares, and Invesco’s Ethereum ETFs showed no movement, remaining flat without inflows or outflows. Still, overall momentum shifted positively, signaling a rise in confidence for Ethereum-based products. The rebound followed steep losses on October 13, when Ethereum ETFs lost $428.5 million.
Notably, the Ethereum ETFs also suffered a $174.8 million outflow on October 10. But back-to-back inflows now indicate improved risk appetite. With prices stabilizing, Ethereum ETFs may continue attracting capital in the coming sessions.
Market Finds Footing as Price Action Stabilizes
The Bitcoin price traded at $112,431, up 0.34% over the last 24 hours, after bouncing from lows near $105,000. Ethereum climbed to $4,116, up 20% from its post-crash low of $3,435. Both assets now trade within key resistance zones as ETF inflows grow.
Ethereum ETFs remain a focal point as they help gauge institutional sentiment. With $236.2 million added, they show stronger momentum than Bitcoin ETFs. This capital influx supports the argument that Ethereum ETFs are gaining broader traction.