BTC, ETH ETFs See $477M in Inflows, Liquidations Surpass $650M

The cryptocurrency market witnessed a sharp bullish momentum on Tuesday, Oct. 21, with strong institutional interest pushing the leading assets upward. US-based spot Bitcoin exchange-traded funds recorded a net inflow of $477.2 million, led by IBIT and ARKB’s $210.9 million and $162.9 million inflows, according to data from Farside Investors. These inflows came after a net outflow of over $1 billion in four trading days. Spot Ethereum ETFs in the US also registered $141.7 million in net inflows on the s ...