According to SoSoValue, US spot Bitcoin ETFs recorded a total net inflow of $23.1624 million on October 20 (EDT), led by BlackRock with an inflow of $29.8650 million. Meanwhile, spot Ethereum ETFs saw a total net outflow of $26.1343 million yesterday, marking five consecutive days of net outflows.

On October 20 (EDT), US spot Bitcoin ETFs recorded a total net inflow of $23.16 million, according to SoSoValue, with BlackRock contributing $29.87 million of that figure, while spot Ethereum ETFs posted a net outflow. The divergence reflects capital rotating within crypto exchange-traded products rather than a uniform move in risk appetite, as Bitcoin ETF demand is typically driven by institutional allocation and portfolio hedging, whereas Ethereum ETF flows tend to respond more sharply to shifts in relative valuation and expectations for network-specific catalysts. Bitcoin's exposure is concentrated in the largest issuers, so the single-day figure is sensitive to a handful of large creation and redemption events, and the modest size of the net total relative to cumulative assets under management suggests a neutral rather than directional signal. Ethereum ETFs, with smaller aggregate assets, are more vulnerable to outflow streaks that can amplify ETH price weakness through reflexive selling by market makers unwinding hedges. Traders should watch the next consecutive daily flow prints from SoSoVal

Bitcoin (BTC) price action is driven by spot ETF flows (IBIT, FBTC, GBTC, ARKB), SEC enforcement actions, institutional adoption announcements, large wallet moves, and miner behaviour. BTC-specific catalysts include halving events every ~4 years.

HIGH-impact news is typically a market-moving event with multi-pip or multi-percent intraday reactions. Examples include central bank rate decisions, major CPI/NFP releases, geopolitical shocks, mega-cap earnings beats/misses, and regulatory announcements. Traders typically position-reduce or hedge ahead of scheduled HIGH-impact events, and follow the wire in real time to react to unscheduled ones (war headlines, central-bank emergency statements, surprise corporate actions). The Trading News Terminal squawk box reads every HIGH-impact headline aloud the moment it hits the wire — so active traders don't have to stare at the feed.

Active traders typically follow a three-step workflow when a market-moving headline hits the wire: (1) read the headline on the terminal or hear it on the squawk box; (2) assess whether the news is already priced in (by checking intraday price action in the seconds before) or whether it's genuinely new information; (3) act — either entering a breakout position, fading an overreaction, or tightening stops on existing trades. Trading News Terminal's Pro plan delivers wire-grade headlines within seconds of the source, with automatic audio squawk on every HIGH-impact event, so the read-assess-act cycle never waits on a refresh button.