Amid fluctuating prices, Bitcoin ETFs surged with $235.2 million in inflows, while Ethereum ETFs paused unexpectedly.
Ethereum ETFs experience no new inflows, with declining trading volume on the 7th of October.According to
, BTC ETFs saw notable inflows on the 7th of October, amounting to $235.2 million, marking two consecutive days of positive capital movement.Leading the surge was Fidelity’s FBTC ETF, which recorded the highest inflows, drawing in $103.7 million. Additionally, BlackRock’s IBIT, the largest spot Bitcoin ETF by assets, recorded a solid $97.9 million in inflows, rebounding from zero activity seen on the 4th of October.
As expected, Bitwise’s BITB gained $13.1 million, Ark and 21Shares’ ARKB attracted $12.6 million, VanEck’s HODL received $5.4 million, and Invesco’s BTCO captured $2.5 million.That being said, the collective trading volume across all 12 ETFs reached $1.22 billion, showing a steady increase from $1.19 billion on the 4th of October and $1.13 billion on the 3rd of October.
around $62,497 after a 0.48% drop in the past 24 hours, the cryptocurrency remains shy of its recent $66,000 peak.to hear an appeal concerning the ownership of 69,370 Bitcoin initially seized from the Silk Road dark web marketplace.
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