Spot Bitcoin and Ethereum exchange-traded funds have drained $755 million in a single day, signaling investor caution amid escalating U.S.-China trade frictions. Renewed tariff threats from President Donald Trump, targeting all Chinese imports with a 100% levy starting November 1, have triggered this exodus. Grayscale’s GBTC alone shed $145.3 million, while BlackRock’s ETHA lost $310 million, according to SoSoValue data.
Yet, as these crypto etfs hemorrhage capital, opportunities emerge elsewhere in the crypto market. Such volatility underscores why spotting the best crypto to buy demands sharp focus. This is especially on fundamentals over fleeting headlines.
Bitcoin ETFs Confront Heavy Redemptions
Outflows hammered Bitcoin etfs hardest on October 13, with $326.5 million exiting after robust prior gains. Bitwise’s BITB and Fidelity’s FBTC contributed $115.6 million and $93.2 million in losses, respectively. BlackRock’s IBIT alone drew $60.4 million inflows, softening the blow slightly.
Bitcoin prices tumbled 2.85% that day, reflecting broader crypto prices today under pressure. Yet, partial recoveries hint at underlying strength. Investors watched closely. The crypto fear and greed index stabilized somewhat, yet caution lingers.
Ethereum ETFs Suffer Larger Withdrawals
Ethereum etfs fared worse, posting $428.5 million in outflows that eclipsed Bitcoin’s losses. No fund recorded inflows, a stark turn from recent $1.3 billion hauls. BlackRock’s ETHA bore the brunt at $310 million. Ethereum prices plunged 3.94%, erasing weekly gains of 12.5%. U.S.-China port fee disputes added to the strain, spilling into high-tech sectors reliant on shared materials.
Traders paused. Crypto etfs like these expose vulnerabilities in centralized products during geopolitical flares. Still, Ethereum clings above key supports, awaiting trade talk resolutions.
Mutuum Finance Emerges Amid Market Shifts
Mutuum Finance has captured investor interest as outflows rock major crypto etfs, raising $17,400,000 since presale inception with 17,140 total holders. Phase 6 of 11 phases now unfolds at 70% capacity, offering tokens at $0.035—a 250% rise from phase one’s $0.01 entry. This price jump underscores growing demand for utility-driven projects.
The team recently unveiled a dashboard featuring a 24-hour leaderboard of top 50 holders; the daily number one earns a $500 bonus after completing one transaction, resetting at 00:00 UTC.
Leading buys in the past day included $8,860.03 from 0xbb66…3cfc, $8,339.03 from 0x4787…c7b1, $1,187.81 from 0xe168…0e95, $949.71 from 0x9764…f9ae, and $649.69 from an unnamed wallet. Such engagement highlights Mutuum Finance’s appeal in a jittery crypto market.
Lending Protocol Advances Take Shape
Mutuum Finance has announced its lending and borrowing protocol development, targeting V1 on Sepolia Testnet in Q4 2025. Core elements encompass liquidity pools, mtTokens, debt tokens, and a liquidator bot, starting with ETH and USDT for lending, borrowing, or collateral.
Borrow interest rates derive from utilization, keeping liquidity balanced: low rates spur borrowing during abundance, while hikes during scarcity draw deposits and repayments. Stable rates lock predictability for borrowers, often at a premium over variables, with rebalancing if markets swing sharply.
Overcollateralization guards against volatility; positions liquidate below thresholds, rewarding liquidators with bonuses. Deposit and borrow caps limit exposures, especially for illiquid tokens. Thus, Mutuum Finance holders gain from a system prioritizing solvency and efficiency.
Security Measures Bolster Confidence
The Mutuum Finance team has finalized its Certik audit successfully, earning a 90/100 token score that affirms robust security.
Complementing this, they launched a Bug Bounty Program with Certik, allocating $50,000 USDT across critical, major, minor, and low tiers to incentivize vulnerability reports.
Navigating Outflows Through Utility Plays
As Ethereum and Bitcoin etfs bleed $755 million, the best crypto to buy pivots toward protocols like Mutuum Finance, blending P2C pooled liquidity for instant access with P2P custom loans for tailored terms. Lenders deposit assets like USDC, receiving accruing mtTokens redeemable anytime, while borrowers post excess collateral for seamless repayments.
This dual design suits both passive yield seekers and precise risk managers. Crypto prices today fluctuate wildly, yet Mutuum Finance’s fixed 4 billion supply and 45% presale allocation promise stability.