Bitcoin ETFs Recover $110M but Stay Negative for October
Edited by Steinar Vigdel Kolnes, Editor, Oslo
US spot Bitcoin ETFs drew $110 million on Monday, but October net outflows still stood at about $202 million.
US spot Bitcoin exchange-traded funds recorded $110 million in net inflows on Monday, reversing some of their recent withdrawals.
The rebound followed $774 million in outflows, according to Cointelegraph, leaving most of that money unrecovered.
Despite Monday’s positive flows, the funds remained in negative territory for October, with net withdrawals totaling approximately $202 million for the month.
Source: Cointelegraph