U.S. Spot Bitcoin ETFs Record $678.9 Million Weekly Outflows

U.S. spot Bitcoin (BTC) exchange-traded funds recorded $678.9 million in cumulative net outflows during the week ending Oct. 11, while spot Ether (ETH) ETFs posted $542.2 million in outflows. Bitcoin ETF outflows exceeded Ether ETF outflows by $136.7 million. The difference reflects the gap between the two funds’ cumulative net withdrawals during the week. Net outflows occur when more money leaves a group of funds than enters it over a given period. The figures cover U.S. spot ETFs tied to Bitcoin and Ether through the week ending Oct. 11. Enna Lee reports on investing and digital-asset markets for TokenPost.

Source: TokenPost