📉 Bitcoin ETFs See $643 Million in Single-Day Outflows: Are Institutions Pulling Back, or Just Spooked by the Binance Incident?
According to SoSoValue data, U.S. spot Bitcoin ETFs saw net outflows of $643.3 million on October 30, the largest single-day outflow since June 25, when outflows reached $696.3 million. It was also the first trading day after the Binance hack.
📋 Key points
• BlackRock’s IBIT saw $233.7 million in outflows, while Fidelity’s FBTC saw $201.4 million. Together, they accounted for about 68% of the total.
• The outflow erased 63.6% of this year’s cumulative net inflows, which had previously exceeded $1 billion, bringing 2026’s total close to zero.
• Total assets under management fell below $100 billion, to about $98.14 billion.
• The Coinbase premium ranged from -0.18% to -0.27%, indicating weak U.S. buying demand; the Fear & Greed Index was in the 30–34 range.
• Keep the figures in perspective: this is one day of data, not proof of a trend reversal. Firms such as Derive attributed the outflows to the shock of the incident, but the motives behind individual transactions cannot be verified.
📊 Market impact
Three upcoming milestones: the U.S. midterm elections on November 3, the nonfarm payrolls report on November 6, and MSCI’s list of Bitcoin-holding companies such as Strategy that may be removed from its indexes. BTC is currently around $76,800, down about 2% over 24 hours. Nearby support: $76,300 (the October 31 low) and $76,000 (near the 50-week moving average); resistance: $78,900 (today’s high) and $80,000.
Do you think this is a one-day bout of emotional selling, or are big-money investors starting to reduce their risk exposure? Share your thoughts in the comments 👇
👉 Trade BTC: https://www.binance.com/zh-CN/trade/BTC_USDT
#Bitcoin ETF single-day outflows of $643 million #比特币 #BTC #ETF
⚠️ The above does not constitute investment advice. Please be aware of the risks.
According to SoSoValue data, U.S. spot Bitcoin ETFs saw net outflows of $643.3 million on October 30, the largest single-day outflow since June 25, when outflows reached $696.3 million. It was also the first trading day after the Binance hack.
📋 Key points
• BlackRock’s IBIT saw $233.7 million in outflows, while Fidelity’s FBTC saw $201.4 million. Together, they accounted for about 68% of the total.
• The outflow erased 63.6% of this year’s cumulative net inflows, which had previously exceeded $1 billion, bringing 2026’s total close to zero.
• Total assets under management fell below $100 billion, to about $98.14 billion.
• The Coinbase premium ranged from -0.18% to -0.27%, indicating weak U.S. buying demand; the Fear & Greed Index was in the 30–34 range.
• Keep the figures in perspective: this is one day of data, not proof of a trend reversal. Firms such as Derive attributed the outflows to the shock of the incident, but the motives behind individual transactions cannot be verified.
📊 Market impact
Three upcoming milestones: the U.S. midterm elections on November 3, the nonfarm payrolls report on November 6, and MSCI’s list of Bitcoin-holding companies such as Strategy that may be removed from its indexes. BTC is currently around $76,800, down about 2% over 24 hours. Nearby support: $76,300 (the October 31 low) and $76,000 (near the 50-week moving average); resistance: $78,900 (today’s high) and $80,000.
Do you think this is a one-day bout of emotional selling, or are big-money investors starting to reduce their risk exposure? Share your thoughts in the comments 👇
👉 Trade BTC: https://www.binance.com/zh-CN/trade/BTC_USDT
#Bitcoin ETF single-day outflows of $643 million #比特币 #BTC #ETF
⚠️ The above does not constitute investment advice. Please be aware of the risks.
