On October 23rd, the Spot Bitcoin ETF had inflows of $90.6 million, but there were no outflows from any of the funds. Meanwhile, the Ethereum ETF recorded $93.6 million in outflows, according to SosoValue.
Bitcoin ETF breakdown
Bitcoin ETFs recorded a total of $90.6 million in inflows, with two funds announcing some action on the day. Fidelity FBTC and BlackRock IBIT posted profits of $57.92 million and $32.68 million, respectively.
Total Bitcoin ETF trading volume decreased to $3.34 billion, with net assets at $149.96 billion. This is equivalent to 6.78% of Bitcoin market capitalization.
Ethereum ETF breakdown
The Ethereum ETF also recorded $93.6 million in outflows. BlackRock ETHA recorded an outflow of $100.99 million, while Grayscale ETH recorded a gain of $7.4 million.
The total purchase price further decreased to $1.41 billion, and net assets were $26.39 billion. This marked 5.55% of Ethereum market capitalization, slightly lower than the previous day.
Market background
Bitcoin is currently trading at $111,382.03, showing an increase of 0.5% in 24 hours. However, the company’s daily trading volume is still down about 12%, with a market capitalization of about $45.07 billion and a market capitalization of $2.22 trillion.
Meanwhile, Ethereum is trading at $3,932.12, up slightly from the previous day. This is an increase of 0.32% from yesterday. The 24-hour trading volume on Saturday reached $32.49 billion, down about 8.13%, and the market capitalization was about $474.43 billion.
This number shows that both assets have continued to increase since yesterday. This happened as the US government was about to enter its 25th day of shutdown. According to data from Myriad, 79% of traders believe the shutdown will continue as of November 5, 2025. Broadly speaking, both Bitcoin and Ethereum are in recovery mode, leading to cautious optimism.
