US Bitcoin and Ether ETFs see $485M in net outflows Wednesday
Image: CointelegraphUS spot Bitcoin ETFs recorded $484.9 million in net outflows on Wednesday, reversing Tuesday's $118.8 million net inflow and marking the largest single-day outflow since June 25. The withdrawals erased October's prior $321.6 million in net inflows, leaving Bitcoin ETFs with roughly $163 million in net outflows for the month to date. US spot Ether ETFs posted $160.9 million in net outflows, extending their losing streak to seven consecutive sessions, with total outflows of approximately $569 million since September 29. Bitcoin traded near $82,700 on Thursday, down roughly 2% over the prior 24 hours.
Key points
- US spot Bitcoin ETFs had $484.9 million in net outflows on Wednesday
- The Bitcoin ETF outflows were the largest single-day total since June 25
- Ether ETFs have posted seven consecutive daily outflow sessions as of Wednesday
Why it matters
The outflows reversed early October net inflows for Bitcoin ETFs and extended Ether ETFs' seven-session losing streak, showing short-term shifts in investor demand for regulated US crypto investment products.
Price context · BTC
At publication
$83,096.00
Now
$82,671.00
Change since
−0.51%
7 days · dashed line = publication
Sources · 3 publishers
Blockonomi
Tier 3
US Bitcoin ETFs See $485 Million Outflow, Largest Since June
Crypto.news
Tier 2
Bitcoin ETFs post biggest outflow since June, can BTC price hold $82K?
Coverage timeline
- First reported by Cointelegraph
- Confirmed by Blockonomi
- CryptoVideos brief published
- 1 more publisher added to sources
How this brief was made. Our system found this event in 3 independent publications, summarised two complete reports with AI and checked every number above against the source text. Sources are linked in full. Not financial advice. Report an error