Bitcoin ETFs lose $643 million in a day, wiping out the week’s inflows
Photo: CryptoSlate
US spot Bitcoin ETFs (exchange-traded funds) recorded $643 million in net outflows on Friday, October 30, according to Farside Investors. The withdrawals erased four consecutive sessions of inflows and pushed the October 26–30 week into a net outflow. The funds had attracted a combined $440.8 million in net inflows from Monday through Thursday. Friday’s reversal left the completed week with $202.4 million in net outflows, turning an apparent recovery in the ETF channel into a weekly withdrawal. Withdrawals extended across five of the 12 funds in Farside’s table.
Also reported by Crypto Briefing.
Source: CryptoSlate
