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Bitcoin (BTC) ETFs Post $228.4 Million in Weekly Net Outflows

Bitcoin (BTC) ETFs Post $228.4 Million in Weekly Net Outflows

Photo: TokenPost

U.S. spot Bitcoin (BTC) ETFs posted $228.4 million in net outflows across the five trading sessions through Oct. 16, as withdrawals on three days outweighed gains on two. Daily flows were uneven. The funds had net outflows of $65.4 million on Oct. 12, followed by $175.7 million in inflows on Oct. 13. Outflows reached $261.4 million on Oct. 14, then funds recorded $5.1 million in inflows on Oct. 15 and $82.4 million in outflows on Oct. 16. IBIT accounted for $71.8 million of the Oct. 16 withdrawals, while FBTC saw $10.6 million leave.

Source: TokenPost

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