Ethereum Spot ETFs See $201.9M Pulled as Bitcoin ETFs Take In $118.8M

U.S. spot Ethereum ETFs posted $201.9 million in net outflows on October 6, according to Farside Investors, while spot Bitcoin ETFs saw roughly $118.8 million in net inflows"a stark, one-day split in institutional flow trends across the two largest crypto assets. Farside data shows the full $201.9 million Ethereum outflow came from BlackRock's ETHA. Other tracked Ethereum products showed no net change on the session. Bitcoin moved in the opposite direction. Spot Bitcoin ETFs recorded about $118.8 million of net inflows the same day, led by BlackRock's IBIT with $122 million of positive flow, offset by smaller moves elsewhere in the group. One day of ETF creations and redemptions is not a definitive verdict on either asset. These vehicles can swing sharply due to portfolio rebalancing and short-term positioning. Even so, the October 6 pullback follows a string of negative Ethereum ETF sessions: Farside logged $55.4 million of outflows on October 1, $37.4 million on October 2, and $50.8 million on October 5, before the larger October 6 withdrawal. ETF flows are closely watched because they offer a relatively clean read on demand from investors seeking crypto exposure through traditional brokerage and asset-management channels. Bitcoin has repeatedly drawn sizable allocations through that route. Ethereum products have built meaningful assets as well, though flows have been less consistent at times. The near-term focus is whether the latest Ethereum redemptions reflect a temporary repositioning or a more durable gap in institutional appetite for BTC versus ETH. The next few sessions should provide more clarity. For October 6, the signal was straightforward: money went into Bitcoin ETFs and out of Ethereum ETFs.