Bitcoin ETF Outflows Hit $643M, but BlackRock Bucks Trend
TLDR Bitcoin ETF outflows reached $643.2 million on October 30, erasing four days of inflows and pushing October into negative territory. BlackRock’s IBIT led Friday’s withdrawals but still finished the month with $932.1 million in net inflows. Ether funds also faced selling, with combined Bitcoin and Ether ETF withdrawals approaching $799 million for the session. […]
Key Takeaways
- TLDR Bitcoin ETF outflows reached $643.2 million on October 30, erasing four days of inflows and pushing October into negative territory.
- BlackRock’s IBIT led Friday’s withdrawals but still finished the month with $932.1 million in net inflows.
- Ether funds also faced selling, with combined Bitcoin and Ether ETF withdrawals approaching $799 million for the session.
Summary generated by IndiCrypto from Bitcoinist. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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