U.S. Spot Bitcoin ETFs Record $773.5 Million in Two-Day Outflows
Photo: TokenPost
Bitcoin (BTC) is entering November after U.S. spot Bitcoin exchange-traded funds (ETFs) recorded $773.5 million in combined net outflows across two sessions, giving markets a fresh measure of fund activity ahead of the next Federal Reserve decision. The funds recorded $635.6 million in net outflows on Oct. 22 and $137.9 million on Oct. 23. Together, the two U.S. trading sessions brought the total to $773.5 million, with most of the withdrawals occurring on Oct. 22. Net outflows mean redemptions exceeded new fund creations; the figures do not identify investors’ reasons for withdrawing.
Also reported by U.Today.
Source: TokenPost
