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Crypto ETFs see heavy outflows as Bitcoin and Ether funds lose ground
U.S. spot Ether exchange‑traded funds posted a daily net outflow of $129.51 million, with BlackRock’s ETHA leading the withdrawals. The total net assets of U.S. spot Ether ETFs stood at $15.2 billion. On October 14, U.S. spot Bitcoin ETFs recorded a net outflow of $261.46 million, driven primarily by Fidelity’s FBTC, which saw $152.73 million withdrawn. Combined Bitcoin and Ether ETFs lost $390.5 million on the same day, with Bitcoin funds accounting for $261 million of the total. Overall Bitcoin ETF outflows reached $681 million as the investment firm Strategy purchased 250 BTC while reducing its weekly buying pace, and the quoted prices were BTC $80,963 and ETH $2,362.