Crypto ETFs Lose $610 Million as Ethereum Outflows Overtake Bitcoin

U.S. crypto ETFs saw $610.7 million in net outflows from Oct. 12 to Oct. 16, down from $1.29 billion the week before. Ethereum funds lost $320.1 million, with BlackRock's iShares Ethereum Trust accounting for $299 million. Bitcoin funds lost $228.4 million despite a $175.7 million Tuesday inflow. Solana, Zcash and Hyperliquid products also saw outflows.