Bitcoin News Today: Institutional Investors Prefer Bitcoin ETFs, Move Away from Ethereum
- U.S. Bitcoin ETFs saw $446M inflow (Oct 24), led by BlackRock's IBIT ($107.8M), reversing recent outflows. - Ethereum ETFs lost $127.5M as GBTC/ARKB bled $60.5M-$55M, reflecting regulatory uncertainty and declining staking yields. - Bitcoin ETFs now control 6.4% of total supply (1.66M BTC), driving price momentum as institutional allocations centralize liquidity. - Technical indicators show Bitcoin stabilizing above $110K with bullish MACD, targeting $118.5K if breaking $112K resistance. - Analysts expec
Bitcoin ETFs Bounce Back With $446 Million While Ether Funds See Outflows
U.S. spot Bitcoin ETFs saw a net inflow of $446 million for the week ending October 24, reversing previous outflows and indicating a resurgence of institutional interest in the cryptocurrency. BlackRock’s iShares
The resurgence in Bitcoin ETF inflows came after a turbulent week, which saw $101 million withdrawn on October 22 amid profit-taking and global tensions. Inflows resumed on October 23, with IBIT, Fidelity’s FBTC, and Bitwise’s BITB together bringing in $132.4 million. BlackRock’s ETF now commands 58.2% of the Bitcoin ETF market, reinforcing its status as the leading choice for institutional investors, according to TradingNews. In contrast, Ethereum ETFs continue to lag, despite a 266% jump in assets under management for BlackRock’s ETHA, with Grayscale’s GBTC and
ETF activity has become a major influence on Bitcoin’s price movements, with inflows and outflows directly impacting short-term trends. Since January 2024, ETF flows have played a bigger role in shaping Bitcoin’s trajectory than large individual holders, as U.S. spot ETFs now account for 6.4% of the total supply—about 1.66 million
Ethereum’s recent difficulties mirror broader issues in the altcoin sector. Although Ethereum ETFs attracted $8.7 billion in inflows during Q3—outpacing Bitcoin for the first time—recent withdrawals indicate a move back to Bitcoin as investors look for better yields and regulatory certainty. Ethereum’s market share has fallen to 11.9%, compared to Bitcoin’s 55.7%, as staking returns drop and SEC scrutiny dampens sentiment, TradingNews and FinanceFeeds noted.
Technical analysis also points to a positive outlook for Bitcoin. The cryptocurrency has stabilized above $110,000, with an RSI near 56 and a widening bullish MACD. A break above $112,000 could set sights on $118,500, in line with derivatives positioning and ongoing ETF inflows, TradingNews observed. Meanwhile, Bitcoin futures trading volume on Binance soared to $543.3 billion in October, signaling strong speculative interest even as spot volatility narrows, according to the same sources.
Looking forward, analysts expect continued inflows into Bitcoin ETFs as institutions allocate more capital, anticipating Federal Reserve rate cuts in early 2026. Ethereum’s prospects for recovery hinge on greater economic clarity and improved staking incentives. With Bitcoin ETFs now holding over 800,000 BTC—valued at $22.3 billion—the market’s liquidity and price discovery are becoming more centralized, further cementing Bitcoin’s status as the benchmark digital asset, as reported by TradingNews and a
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin Updates: S&P's Speculative Grade Challenges Bitcoin's $74 Billion Corporate Investment
- S&P Global Ratings assigned a historic B- junk rating to Strategy Inc. (formerly MicroStrategy), citing high Bitcoin concentration, limited diversification, and liquidity risks. - The company holds 640,808 BTC ($74B), the largest corporate Bitcoin treasury, while CEO Michael Saylor called the rating a milestone for crypto's financial integration. - S&P warned of volatile exposure to Bitcoin's price swings, yet Strategy maintains a stable outlook if capital access continues for $640M dividends and $8B deb

Adobe Firefly 5: AI That Adjusts to Match Your Unique Creative Approach
- Adobe launches Firefly Image 5 with native 4MP resolution, layered editing, and custom AI model creation for personalized artistic styles. - Enterprise tools like GenStudio automate content production, while Project Moonlight enables conversational AI-driven creative workflows across platforms. - Partnerships with ElevenLabs and Topaz Labs expand Firefly's capabilities, supporting brand-specific AI models for video, audio, and 3D content. - The update addresses industry demands for scalable creative effi

Solana News Update: Introduction of Solana ETF Sparks Increased Institutional Investment in Crypto
- Bitwise's BSOL became the first U.S. spot Solana ETF to trade, offering direct SOL exposure with staking rewards and a 0.20% fee waiver for three months. - Seven Solana ETFs including VanEck's VSOL (0.30% fee) await SEC approval, with regulatory delays caused by the government shutdown affecting 21Shares and Grayscale's GSOL conversion. - SOL's $203 price rise and bullish technical patterns suggest potential for $412, aligning with JPMorgan's $3-6B inflow forecasts for a Solana ETF's first year. - Instit

Digital Growth Fuels $699M Boom for Airtel Africa in Nigeria
- Airtel Nigeria's H1 2025 revenue surged 46.5% to $699M, driven by $2.98B growth at Airtel Africa from currency appreciation and strategic initiatives. - Data services overtook voice as Airtel Africa's largest revenue segment ($1.16B), fueled by 46.8% smartphone penetration and network expansion. - Airtel Africa raised 2026 capex guidance to $875M-$900M, deploying $318M in H1 for 2,350 new sites and 4,000km fiber expansion to support digital inclusion. - Airtel Money nears 50M users with $200B annualized
