U.S. spot Bitcoin exchange-traded funds record largest daily outflow since June
Image: Crypto.newsU.S. spot Bitcoin exchange-traded funds recorded $643.2 million in net withdrawals. The outflows wiped out four consecutive sessions of inflows and left the week and month negative. BlackRock's fund led the single-day withdrawals. Ether funds also recorded net withdrawals over the five sessions.
Key points
- U.S. spot Bitcoin exchange-traded funds recorded $643.2 million in net withdrawals on October 30.
- BlackRock's fund led the single-day withdrawals while retaining a positive monthly balance.
- Ether funds finished all five sessions of the week negative with weekly withdrawals totaling $431.4 million.
Why it matters
Large single-day withdrawals from spot Bitcoin and Ether exchange-traded funds reflect significant capital movement out of U.S. crypto funds at month-end.
Price context · BTC
At publication
$77,407.00
Now
$77,568.00
Change since
+0.21%
7 days · dashed line = publication
Sources · 2 publishers
Bitcoinist
Tier 2
Bitcoin ETF Outflows Hit $643M, but BlackRock Bucks Trend
Coverage timeline
- First reported by Crypto.news
- Also reported by Bitcoinist
- CryptoVideos brief published
How this page is checked. AI drafted this brief from selected independent reports. Automated checks compare numbers, source coverage and topic terms, but may miss errors. Publication and evidence refreshes run automatically. Read the linked reports for context. Report an error
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