- Bitcoin ETFs recorded massive weekly inflows.
- The funds turned positive for a third consecutive week.
- Ether funds moved in the opposite direction.
U.S.-listed spot Bitcoin exchange-traded funds (ETFs) extended their positive streak to a third day on Friday, pushing their total weekly inflows to almost a billion.
The development came amid BTCโs bullish patterns, which saw the crypto asset rally toward the $70,000 level. While the Bitcoin price pared some weekly gains to exchange hands at $67,089 at the time of writing, the original cryptocurrency generally outperformed the broader digital asset market.
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CoinMarketCap data shows that BTC was down 1.81% in the last seven days, while Ether, XRP, Toncoin, and Cardano plunged over 5% during the same period.
Bitcoin ETF Weekly Flows
According to SoSoValue data, spot Bitcoin ETFs in the U.S. added $402.08 million on Friday after pulling a combined $380.42 million in the previous two days. The extended positive streak resulted in total weekly inflows of $997.70 million, underscoring the sustained investor interest in the funds following their record $2.13 billion inflows last week.
BlackRockโs IBIT, the largest spot Bitcoin ETF by net assets, led the pack with $1.146 billion in weekly inflows, followed by Fidelityโs FBTC and Grayscaleโs BTC at $71.7 million and $10.63 million, respectively.
Invescoโs BTCO, Franklin Templetonโs EZBC, Valkyrieโs BRRR, and WisdomTreeโs BTCW reported zero weekly flows, while the remaining funds logged outflows in the millions amid mild inflows. Notably, Ark Investโs ARKB bled $239.8 million.
In contrast to Bitcoin, spot Ether ETFs bled $24.45 million this week despite sustaining a three-day positive flow between October 22 and October 24.
Read about the SECโs plan for crypto in 2025:
SEC Includes Crypto on Its List of 2025 Exam Priorities
Stay updated on how Solana has overtaken Ethereum in economic value:
Solana Overtakes Ethereum in Economic Value Amid Memecoin Surge
