US spot Bitcoin ETFs ended October with $515 million in net withdrawals, while Ether funds posted a record $1.61 billion in monthly outflows.
The first trading day after the Binance hack saw the biggest ETF outflow since June 25.
Bitcoin ETFs saw $643.2 million in outflows Friday, the first full trading session after the $6.4 billion Binance hack, ending October with roughly $516 million in net outflows.
TLDR Bitcoin ETF outflows reached $643.2 million on October 30, erasing four days of inflows and pushing October into negative territory. BlackRock’s IBIT led Friday’s withdrawals but still...
US spot Bitcoin and Ether ETFs recorded nearly $800 million in combined outflows on Oct. 30 as crypto markets weakened after Binance’s $6.3 billion breach.
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