The much-anticipated “Uptober” rally is facing a test as both Bitcoin and Ethereum spot exchange-traded funds (ETFs) recorded heavy outflows, dampening market sentiment that had built around October’s historically bullish trends. According to SoSoValue data, Ethereum spot ETFs saw $145.68 million in net outflows on October 20, marking their third consecutive day of withdrawals. Total Ethereum Spot ETF History Data Source: SoSoValue Bitcoin spot ETFs followed with a $40.47 million net outflow, extending ...

Bitcoin and Ethereum spot ETFs see $755M in outflows as traders turn cautious after weekend wipeout https://t.co/QmNd6rhuzW ...

Core Insights - Canary Capital's proposed spot Litecoin ETF is currently in regulatory limbo due to the SEC's failure to act by the Thursday deadline [1][9] - The situation is complicated by a potential federal government shutdown, which may halt the review and approval of new financial products, including ETF filings [5][9] - The SEC is transitioning from 19b-4 filings to S-1 registration statements, adding confusion to the ETF approval process [4][9] Regulatory Changes - The SEC has urged firms to withdraw their 19b-4 filings in favor of S-1 registration statements, with Canary Capital complying on September 25 [4] - The traditional deadlines associated with 19b-4 filings may now be irrelevant under the SEC's new framework [4] Market Context - Canary's stalled application is part of a broader trend, with several altcoin-based ETF proposals, including those for Solana, XRP, Avalanche, Cardano, Chainlink, and Dogecoin, seeking to enter the U.S. crypto ETF market [6] - Bitcoin and Ethereum spot ETFs have already attracted over $74 billion in inflows, indicating strong market interest [7] Institutional Activity - Major asset managers like Fidelity, Franklin Templeton, and Bitwise have submitted updated S-1 filings for spot Solana ETFs, some featuring staking options, signaling institutional momentum [8]

Ethereum spot ETF inflows hit $1B for the first timeJake (@immutablejacob):Ethereum spot ETF inflows just hit $1B in a single day, the largest daily inflow yet.YTD, Ethereum ETFs have pulled in $8.2B (1.5% of ETH’s market cap).For comparison, Bitcoin spot ETFs saw $178M yesterday and $19.4B YTD (0.8% of BTC’s market cap).$BTC is still ahead in https://t.co/O0jx7cVJKm ...

On July 30, Bitcoin spot ETFs recorded a total net inflow of $47.0383 million, marking five consecutive days of net inflows. Ethereum spot ETFs saw a total net inflow of $5.7941 million, extending their streak to 19 consecutive days of net inflows.https://t.co/YoUZSIH5ws ...

ETF Inflow Trends - Ethereum spot ETFs recorded a total net inflow of $453 million, marking 16 consecutive days of net inflows [1] - Bitcoin spot ETFs saw a total net inflow of $131 million [1] Leading ETFs - BlackRock's ETHA experienced the largest net inflow among Ethereum spot ETFs, with $440 million [1] - BlackRock's IBIT led Bitcoin spot ETFs with $92.83 million in net inflows [1]

On July 23, the Ethereum spot ETF had a total net inflow of $332 million, which continued for 14 days. The Blackrock ETF ETHA had a single-day net inflow of $325 million. The Bitcoin spot ETF had a total net outflow of $85.9628 million, which continued for 3 days. https://t.co/lH8hOLhAPu ...