ETFs Rotate Amid U.S.-China Tension — Bitcoin See $20M Inflows While Ethereum Bleeds $127 M

Bitcoin spot exchange-traded funds (ETFs) saw modest inflows on Wednesday, while Ethereum products recorded heavy losses, as global markets reacted to renewed U. S.–China trade tensions and investors braced for fresh ￰0￱ ￰1￱ to data from SoSoValue, Bitcoin spot ETFs recorded a total net inflow of $20.33 million on October 23, while Ether spot ETFs recorded combined net outflows of $127.47 ￰2￱ Rotates From Ethereum to Bitcoin ETFs Amid Market Uncertainty Bitcoin ETF outflow was led by BlackRock’s iShares Bitcoin Trust (IBIT), which pulled in $107.78 million. Bitwise’s BITB followed with $17.41 million in inflows, while Fidelity’s FBTC added $7.22 million.

Grayscale’s GBTC, however, saw a significant outflow of $60.49 million, marking the largest daily withdrawal among Bitcoin funds.) October 21, 2025 Trump accused China of exploiting the U. S. “for years,” adding that “China’s paying 55 percent and a potential 155 percent come November 1 unless we make a deal.” The White House later confirmed that Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer will meet Chinese Vice Premier He Lifeng in Kuala Lumpur this weekend in an attempt to avert escalation ahead of Trump’s expected meeting with President Xi Jinping during the upcoming APEC summit in South ￰3￱ renewed trade tensions follow months of tit-for-tat measures between Washington and Beijing, including new export restrictions and 100% tariffs on advanced technology components.

Also, markets are now awaiting Friday’s delayed ￰4￱ Price Index (CPI) report for September , expected to show inflation rising to 3.1% annually, the first time above 3% this ￰5￱ expect a 0.4% monthly increase in CPI. A higher-than-expected reading may dampen expectations of an imminent rate cut, but analysts say the central bank remains focused on signs of labor market weakness rather than inflation alone. Tomorrow's CPI data will be crucial for the ￰6￱ will be released at 8:30am ￰7￱ expectations are at 3.1%, while last month's CPI was 2.9%. This will be the first major data release since the ￰8￱ shutdown 22 days ￰9￱ that last month's CPI was 2.9%,… — Ted (@TedPillows) October 23, 2025 Analysts say the standoff has fueled uncertainty across global markets, with risk assets, including cryptocurrencies, responding sharply to shifts in ￰10￱ Accumulates as Bitcoin Struggles to Extend ‘Uptober’ Gains Bitcoin traded around $111,300 at press time, holding steady near the upper end of its weekly range between $107,000 and $111,500.

The flagship cryptocurrency remains 2.3% below its monthly open, leaving the possibility of a negative “Uptober” performance if prices fail to recover before month’s ￰11￱ IS THE WORST UPTOBER ￰12￱ only worse one was 2014 (-13%). 2013: +60% 2017: +50% 2021: +40% 2025: -4% Bad Uptober usually means one thing: ￰13￱ — Rekt Fencer (@rektfencer) October 23, 2025 Data from CoinGlass shows that Bitcoin typically gains around 20% in October during bull market years, which would place the target near $130,000.) October 24, 2025 A decisive break above $4,000 could validate the reversal setup, with potential upside toward $4,280 in the near term. On-chain data from Glassnode also indicates accumulation among large holders.