📉🚨 Bitcoin ETFs Record $643 Million in Outflows!
🏦 Institutional Investors Pull Back! 💰
US spot Bitcoin ETFs recorded approximately $643.3 million in net outflows on October 30, ending a four-day inflow streak. This marked their biggest daily withdrawal since June. 📊
🔍 Major Withdrawals:
🟠 BlackRock IBIT: $233.7 million
🔵 Fidelity FBTC: $201 million
📉 ARK 21Shares ARKB: $129.5 million
⚠️ Ethereum ETFs also saw around $155.7 million in outflows, bringing combined withdrawals to nearly $799 million.
🌍 Why It Matters: Heavy ETF withdrawals may signal weaker institutional demand and put additional pressure on crypto-market sentiment.
#Bitcoin ₿ #BitcoinETF 📊 #ETFOutflows 📉 #BlackRock 🏦 #IBIT 💰 #Fidelity 💼 #Ethereum Ξ #CryptoInvestors 🌍 #InstitutionalInvestors 🏛️
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