Bitcoin ETF Outflows Hit $636 Million, Turning October Negative
Edited by Steinar Vigdel Kolnes, Editor, Oslo
Spot Bitcoin ETFs recorded $635.6 million in withdrawals on Thursday, leaving October's net flows roughly $176 million below zero.
Spot Bitcoin exchange-traded funds saw net outflows of $635.6 million on Thursday, according to Decrypt. It was their largest daily withdrawal total of the month.
The withdrawals erased October's net inflows, shifting the monthly balance to an outflow of approximately $176 million.
Ethereum and Solana funds also recorded outflows, though the report did not specify the amounts withdrawn from those products.
Source: Decrypt
