Bitcoin ETFs shed $643m in biggest daily outflow since June

U.S. spot Bitcoin ETFs have recorded $643.2 million in net outflows on Oct. 30, their largest daily withdrawal since June, wiping out four consecutive sessions of inflows and leaving the week in the red. BlackRock’s IBIT led Friday’s withdrawals with $233.7 million, followed by Fidelity and ARK 21Shares. Bitcoin ETFs finished Oct. 26–30 with $202.4 million in net outflows after four positive sessions. Ether funds lost $155.7 million on Friday, bringing their October withdrawals to approximately $1.61 billion. Cumulative net inflows into U.S. Bitcoin ETFs remained above $57 billion despite the latest selling.

Source: crypto.news