Crypto ETFs Struggle as $750M Outflows Wipe Out October Inflows Momentum

Core Insights - Following a significant crash in the crypto market, U.S. spot Bitcoin and Ethereum ETFs have experienced substantial outflows as investors anticipate further volatility [1][10] Bitcoin ETFs - Bitcoin ETFs recorded daily net outflows of $326.52 million on October 13, totaling $331.02 million over two consecutive days [2] - The total net assets for U.S. spot Bitcoin ETFs stand at $157.18 billion, which is 6.81% of Bitcoin's market cap, with Bitcoin trading down 10% over the past week at $111,900 [6] - Prior to the crash, Bitcoin funds had seen over $2.7 billion in weekly net inflows, but October's monthly net inflows have now decreased to $4.68 billion, the highest since July [7] Ethereum ETFs - Ethereum ETFs faced significant outflows, with $428.52 million in daily net outflows recorded on October 13, totaling $611.89 million over three days [8] - Despite the outflows, October's monthly flows for Ethereum ETFs remain positive at $681.14 million, although continued outflows could jeopardize the potential for another rally [9] - U.S. spot Ethereum ETFs hold $28.75 billion in total net assets, representing 5.56% of Ethereum's market cap, with Ethereum trading just above $4,000 [6]