In Focus/ETF Flows
Spot bitcoin, ether and altcoin ETFs: inflows, outflows and new products.
U.S. spot bitcoin ETFs posted $398.6 million in net outflows on Monday, adding to the $643 million that left on Friday. BlackRock's IBIT alone shed $405.3 million, more than the group's net total, while Fidelity's FBTC took in about $6.7 million. Bitcoin slipped toward $76,500 on Tuesday as investors waited on U.S. midterm results. Source: crypto.news
U.S. spot bitcoin ETFs posted about $643 million in net outflows on Oct. 30, ending a four-day run of inflows and marking the largest one-day withdrawal since June. BlackRock's IBIT lost roughly $234 million and Fidelity's FBTC about $201 million, while ether funds shed another $156 million or so, according to Farside data. Source: crypto.news
U.S. spot bitcoin ETFs took in a net $17.2 million on Thursday, a fourth straight day of inflows but far below Wednesday's $137 million, as the Binance hack hit prices. Ether funds lost $105.5 million, led by $71.7 million out of BlackRock's ETHA, and Solana products shed $27.7 million, according to Farside data. Source: FinanceFeeds
U.S. spot bitcoin ETFs took in about $176 million on Oct. 27, led by roughly $151 million into BlackRock's IBIT, after $110 million the session before, for a two-day total near $286 million. Spot ether ETFs lost about $149 million over the same two days. Source: Bitcoin.com News
U.S. spot bitcoin ETFs recorded net inflows of about $110.3 million on Oct. 26, ending two straight sessions of outflows. BlackRock's IBIT was the only fund with new money, while the other products reported flat flows. Spot ether ETFs went the other way, losing roughly $88.6 million on the day. Source: TokenPost
Hyperliquid plans to open 11 USDC-priced spot markets for EQX Labs tokens tracking the S&P 500, the Nasdaq 100 and shares such as Nvidia, Tesla and Apple at 9:30 a.m. ET on Oct. 26. EQX says each token is backed one-to-one by shares but is legally a limited-recourse debt instrument from a British Virgin Islands segregated portfolio company, conveys no direct stock ownership and is closed to U.S. persons. Source: TokenPost
Franklin Templeton filed to register two index ETFs on Nasdaq that channel stock dividends into bitcoin exposure, with a prospectus naming Oct. 27 as the effective date. The U.S. Equity Bitcoin DRIP fund (FBEQ, 0.09% fee) and a U.S. Innovation version start at about 95% stocks and 5% bitcoin, gained through exchange-traded products or derivatives, not coins held directly, and trim the bitcoin share at quarterly rebalances. Franklin has not yet announced a first trading date. Source: Yahoo Finance
