【Market Update】$166.78 million withdrawn in a single day: On October 16, U.S. spot crypto ETFs saw a combined net outflow of $166.78 million. Bitcoin ETFs had outflows of $82.39 million, including $71.78 million from BlackRock’s IBIT. Ethereum ETFs saw outflows of $69.68 million, marking a third consecutive day of net outflows, all from BlackRock’s ETHA. Solana funds saw outflows of $12.67 million, while NEAR funds bucked the trend with net inflows of $2.61 million, the only exception. (Source: Blockonomi)
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