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Bitcoin ETFs Record $643.2 Million Outflow, Biggest Since June 25

Bitcoin ETFs Record $643.2 Million Outflow, Biggest Since June 25

Photo: TokenPost

U.S. spot Bitcoin (BTC) exchange-traded funds recorded $643.2 million in outflows Friday, Oct. 30, their biggest daily withdrawal since June 25, in the first U.S. trading session after Binance said its hot wallets were compromised. IBIT led the withdrawals at $233.7 million, followed by FBTC at $201 million and ARKB at $129.5 million. The funds had drawn a combined $440.8 million over the four sessions from Oct. 26 to Oct. 29, leaving the week with a net $202.4 million outflow. Binance said its hot wallets were compromised at about 4:05 p.m. ET Oct.

Source: TokenPost

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