Bitcoin ETFs shed hundreds of millions as Bitcoin holds near $81,500
Photo: Crypto Briefing
US spot Bitcoin funds logged back-to-back outflows led by Fidelity and BlackRock, even as the price barely moved US spot Bitcoin ETFs just had a rough couple of days. A widely shared post on X put net sales at $702 million through Thursday, while daily flow data shows approximately $729 million leaving the funds across October 7 and 8. The selling came in two waves. October 7 saw $484.9 million in net outflows, and October 8 added another $244.1 million. Fidelity’s FBTC took the lead on day two with a $197.1 million outflow.
Source: Crypto Briefing
