BTC, ETH ETFs See $477M in Inflows, Liquidations Surpass $650M
Yahoo Finance·2025-10-22 08:40

Group 1 - The cryptocurrency market experienced significant bullish momentum on October 21, driven by strong institutional interest, with Bitcoin exchange-traded funds (ETFs) seeing a net inflow of $477.2 million [1] - Spot Ethereum ETFs in the US also recorded net inflows of $141.7 million, with Bitcoin nearing $114,000 and Ethereum briefly surpassing $4,100 [2] - The overall crypto market faced a selloff of $170 billion, dropping from $3.82 trillion to $3.65 trillion, indicating volatility and uncertainty among investors [3] Group 2 - Total crypto liquidations surged by 86% to $651 million, with $352.4 million from long positions and $298.5 million from short positions being liquidated [4] - The Bitcoin volatility index reached 95%, marking the third occurrence of this critical level in the past 30 days, reflecting ongoing market uncertainty [4] - High volatility in the market suggests investor apprehension regarding the macroeconomic environment, particularly due to tensions between the US and China [5]