Bitcoin ETF Outflows Hit $643M, but BlackRock Bucks Trend
Photo: Bitcoinist
TLDR Bitcoin ETF outflows reached $643.2 million on October 30, erasing four days of inflows and pushing October into negative territory. BlackRock’s IBIT led Friday’s withdrawals but still finished the month with $932.1 million in net inflows. Ether funds also faced selling, with combined Bitcoin and Ether ETF withdrawals approaching $799 million for the session. Bitcoin ETF outflows ended October with a sharp reversal, but the headline withdrawal figure masks a significant difference between BlackRock and its competitors. U.S. spot Bitcoin funds recorded $643.2 million in net withdrawals on October 30, according to Farside Investors’ Bitcoin ETF flow data .
Also reported by Coinspress.
Source: Bitcoinist
