U.S. spot Bitcoin ETFs attracted $527 million in inflows, their biggest showing since September, after two consecutive weeks of net outflows. Last week, these funds saw $229 million in outflows after losing $681 million the previous week, with $483.9 million in withdrawals on October 7th, their largest daily withdrawal since June. Despite Monday’s inflows, U.S. spot Bitcoin ETFs remain approximately $88 million in negative territory for October. Meanwhile, U.S. spot Ether ETFs recorded $103.3 million in net outflows on Monday, including $95.4 million in withdrawals from BlackRock’s iShares Ethereum Trust, bringing Ether funds’ losses to approximately $320 million last week, their third consecutive week of net withdrawals.
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