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Bitcoin ETFs Experience $635M in Outflows as BTC Tests Key Cost Basis Levels

Crypto News

Bitcoin ETFs Experience $635M in Outflows as BTC Tests Key Cost Basis Levels

Bitcoin ETFs bleed $635M as October slides back into the red

Cointelegraph

Bitcoin ETFs bleed $635M as October slides back into the red

Thursday’s withdrawals ended a three-day inflow streak and left US spot Bitcoin ETFs with $175 million in net outflows for October.

Bitcoin ETFs shed $635 million as BTC tests their holdings’ estimated $81,500 cost basis

CryptoSlate

Bitcoin ETFs shed $635 million as BTC tests their holdings’ estimated $81,500 cost basis

US spot Bitcoin exchange-traded funds recorded about $635 million in net outflows Thursday as the cryptocurrency traded near the estimated cost basis of the funds' Bitcoin holdings. The Oct. 22...

Bitcoin ETFs See $635M in Outflows as BTC Nears Key $80K Selling Threshold

The Crypto Times

Bitcoin ETFs See $635M in Outflows as BTC Nears Key $80K Selling Threshold

U.S. spot Bitcoin ETFs saw $635.49 million in outflows on October 22, as Bitcoin approached a historical selling level identified in DWF Labs’ research.

Bitcoin Falls 3.7% to Test $81,500 ETF Cost Basis

The Defiant

Bitcoin Falls 3.7% to Test $81,500 ETF Cost Basis

Glassnode’s estimated ETF holding cost, last dated Oct. 19, has acted as support in October after capping bitcoin’s May rally.... Read the full story at The Defiant

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