US spot Bitcoin ETFs just recorded their largest daily outflow since June, with approximately $643.2 million withdrawn on October 30. BlackRock’s IBIT led the exits with $233.7 million, followed by Fidelity’s FBTC at $201 million. Notably, every Bitcoin spot ETF recorded zero or negative flows that day. This is a major shift after four consecutive days of inflows that brought in roughly $440.8 million. The reversal raises concerns about institutional demand, especially with Bitcoin already facing price pressure. If outflows continue, they could weigh further on market sentiment. But one heavy withdrawal day doesn’t mean institutions have completely lost interest. #BTC Price Analysis# #BTC Above 60K# $BTC
