U.S. Spot Bitcoin and Ether ETFs Record $799 Million in Outflows

U.S. spot Bitcoin (BTC) ETFs recorded $643 million in net outflows on Oct. 30, while spot Ether (ETH) ETFs lost $156 million, bringing the combined daily total to $799 million. BlackRock's iShares Bitcoin Trust (IBIT) accounted for about $234 million of the Bitcoin outflow, the largest single fund contribution. Fidelity's Wise Origin Bitcoin Fund (FBTC) had roughly $201 million in outflows. On the Ether side, BlackRock's iShares Ethereum Trust (ETHA) recorded about $76.6 million of the $156 million total. Bitcoin ETFs had net inflows on all four trading days from Oct. 26 through Oct. 29. The Oct.

Source: TokenPost