Mmastodon BusinessCrypto first seen 13 h ago, last 7 h ago, peak #1
US Bitcoin ETFs shed $635 million in one day
Original: US Bitcoin ETFs see $635 million outflow, erasing October gains Thursday withdrawals pushed US spot Bitcoin ETF net flow
US spot Bitcoin exchange-traded funds recorded $635 million in withdrawals on Thursday, wiping out their gains for October. The outflows pushed the month's net flows to minus $175 million and ended a three-day inflow streak. Altcoin ETFs also saw money leave, with investors weighing what the broad retreat signals about appetite for crypto funds.
Why now: A single-day outflow large enough to erase a month of gains raises concerns about weakening institutional demand for Bitcoin.
US spot Bitcoin ETFsBitcoinaltcoin ETFs
Rank over time, top of the chart is #1. 4 snapshots from 11 h ago to 7 h ago.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/3504682