Bitcoin ETFs End October Red, Ether ETFs Lose Record $1.61B
18 Articles
18 Articles
Bitcoin ETFs sink into October outflows with $643M exit after Binance hack
US spot Bitcoin ETFs ended October with $515 million in net withdrawals, while Ether funds posted a record $1.61 billion in monthly outflows. Investors pulled $643 million from US-listed spot Bitcoin exchange-traded funds (ETFs) on Friday, pushing October’s net flows into negative territory as crypto markets faced volatility following Binance’s $6.3 billion hack. Friday’s withdrawals […]
Spot Bitcoin ETFs in the US experienced a net outflow of $643.2 million on the last trading day of October. This was the largest daily outflow since June, ending a four-day streak of inflows. Both the weekly and monthly totals for the funds turned negative with the final trading day's results.
Ethereum finished October 2026 on a decrease of 16.06 %, while US cash ETFs recorded $1.61 billion in net outflows. A monthly record since their launch in July 2024. The second cryptocurrency of the market thus closes three consecutive months of increase, with a return price of around 2,250 dollars. BlackRock concentrates most of the withdrawals. L'article Crypto: Investors desert ETFs Ethereum in October appeared first on Cointribune.
The US Ethereum spot ETFs closed October with a 23-day streak of net outings and more than $1 billion withdrawn. The movement coincided with record levels of chain stacking and ETH price resistance, which remained between USD $2,200 and USD $2,500 during the period.
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