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Bitcoin ETFs Lose $643 Million in a Day as Outflows Mount

Original: Crypto ETF News: Bitcoin ETFs Lost $643 Million in a Day and Ethereum ETFs Have Bled for 11 Straight Days. How Much of October's Inflows Are Gone?

US spot Bitcoin ETFs recorded $643 million in outflows in a single day, while Ethereum ETFs have seen withdrawals for 11 consecutive sessions, wiping out a large share of October's inflows. The sustained selling is prompting investors to question whether the recent rally in crypto fund demand has reversed, with analysts watching whether the outflow streak continues into the coming weeks.

Why now: Investors are alarmed by a sharp reversal from October's strong inflows into crypto ETFs.

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Evidence

• Crypto ETF News: Bitcoin ETFs Lost $643 Million in a Day and Ethereum ETFs Have Bled for 11 Straight Days. How Much of October's Inflows Are Gone? · 24/7 Wall St.

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