$BTC - Spot Bitcoin ETFs recorded about 82.4 million net outflows on Oct 16.
BlackRock's IBIT ETF led the exits with roughly 71.8 million withdrawn.
Fidelity's FBTC followed with about 10.6 million outflow.
The heavy pullback suggests investors are reallocating from spot Bitcoin products, though the drivers behind the shift remain unclear.
#Bitcoin #BTC
BlackRock's IBIT ETF led the exits with roughly 71.8 million withdrawn.
Fidelity's FBTC followed with about 10.6 million outflow.
The heavy pullback suggests investors are reallocating from spot Bitcoin products, though the drivers behind the shift remain unclear.
#Bitcoin #BTC