Bitcoin Strongly Attracting Capital, Ethereum Outflow: Institutional Fund Direction Diverges, Market Will Enter Consolidation

Despite Bitcoin ( BTC ) and Ethereum ( ETH ) experiencing slight fluctuations in price on Tuesday, stabilizing around $115,000 and $4,160 respectively, the ETF market shows a clear divergence in fund flows. According to SoSoValue data, the U.S. Spot Bitcoin ETF recorded a net inflow of $149 million, indicating sustained investor interest. However, a report from CoinShares noted that Ethereum products saw an outflow of $169 million last week, while Bitcoin products saw an inflow of $931 million during the same period. On the regulatory front, the White House has nominated Mike Selig to lead the CFTC, and the approval of more altcoin ETFs (such as Hedera and Litecoin) is imminent, signaling that the cryptocurrency market is entering a new phase of regulation and product diversification.

Divergence in Capital Flow: Bitcoin Strongly Attracting Funds, Ethereum Experiencing Outflow

In the market waiting for signals from the Federal Reserve and the launch of more ETF products, the prices of Bitcoin and Ethereum remain fluctuating within a narrow range. Notably, the flow trends of institutional funds reveal different preferences among investors for these two major Crypto Assets.

• Bitcoin Continues to Profit: SoSoValue data shows that even during price fluctuations, the US Spot Bitcoin ETF still received a net inflow of $149 million on Tuesday, proving the solidity of investor interest. CoinShares' report further emphasizes that last week, inflows into Bitcoin funds were approximately $931 million, in stark contrast to the $169 million net outflow from Ethereum products, indicating that the market demand for BTC is stronger than for ETH.
• Regulatory New Trends: The regulatory environment is also changing. The White House has nominated crypto policy lawyer Mike Selig to lead the Commodity Futures Trading Commission (CFTC), indicating that the government will continue to focus on the oversight of digital assets and market structure. In addition, Reuters reported that Canary Capital plans to launch the first US spot Litecoin and Hedera ETFs, while mainstream CEXs are also preparing Solana products, suggesting that altcoin ETFs will soon gain broader market access.

Price Technical Analysis: BTC Holds Key Support, ETH Approaches Long-Term Resistance

The technical charts of Bitcoin and Ethereum both indicate that they are currently in a consolidation phase, with key support and resistance levels becoming the focus for determining future trends.

Market Risk Warning: The Possibility of Weak Retail Buying

10x Research issued a warning, believing that the current price of Bitcoin may be too expensive for stable retail buying, which could weaken market expectations for a long-term bull cycle. The agency pointed out that if ordinary buyers start to exit, the recent optimism about market extension may be difficult to sustain. However, the report also cautioned that Bitcoin has only 16 years of history, and drawing “definite statistical conclusions” from such limited history is still “highly questionable.”

On the other hand, BlackRock ( continues to have strong long-term confidence in Ethereum. Lookonchain reported that BlackRock's Spot Ethereum ETF purchased 17,238 ETH on October 27, worth approximately $70.69 million. This large-scale purchase, following the approval of its Spot Ethereum ETF, indicates the institutions' optimistic attitude towards Ethereum as a long-term asset.

Conclusion

The current cryptocurrency market is in a delicate equilibrium: Bitcoin shows strong institutional demand thanks to continuous inflows from ETF funds and the maintenance of key support levels; while Ethereum faces selling pressure and capital outflow at critical technical resistance levels. Positive changes in the regulatory environment and the launch of altcoin ETFs indicate that the market structure will increasingly mature and diversify. For investors, paying attention to Bitcoin's support level at $113,500 and Ethereum's efforts to break through long-term resistance zones will be key to grasping the short-term and mid-term market direction.