Key Insights

• Crypto ETFs diverged on October 20, with Bitcoin gaining $23.16 million and Ethereum losing $26.13 million.
• BlackRock led Bitcoin inflows as Ethereum ETF withdrawals reached approximately $1.08 billion during October.
• Bitcoin approached $85,000 on October 21, with ETF demand and resistance levels shaping its outlook.

U.S. spot crypto ETFs diverged on October 20 as Bitcoin funds attracted $23.16 million. Ethereum exchange-traded funds (ETFs) lost $26.13 million, extending their withdrawal streak to five sessions.

According to SoSoValue, Bitcoin ETF inflows reached $549.76 million across October 19–20. However, Ethereum funds had already lost approximately $1.08 billion since October began.

The divergence followed two weeks of…