🚨 BITCOIN ETFs SEE $386 MILLION IN NET OUTFLOWS AS OCTOBER STARTS UNDER PRESSURE
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U.S. spot Bitcoin ETFs recorded approximately $386.3 million in net outflows during the first seven trading days of October, according to Decrypt’s October 11 report.
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The funds experienced heavy withdrawals earlier in the month, including $484.9 million on October 7 and $244.1 million on October 8. Friday brought some relief, with $21.1 million flowing back into the funds.
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The shift comes after a strong September, when Bitcoin ETFs recorded roughly $3 billion in inflows over a nine-session streak.
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Despite the recent withdrawals, cumulative net inflows since launch remained at approximately $57.6 billion, with total net assets around $100.6 billion.
$BTC
$OSMO
.
U.S. spot Bitcoin ETFs recorded approximately $386.3 million in net outflows during the first seven trading days of October, according to Decrypt’s October 11 report.
.
The funds experienced heavy withdrawals earlier in the month, including $484.9 million on October 7 and $244.1 million on October 8. Friday brought some relief, with $21.1 million flowing back into the funds.
.
The shift comes after a strong September, when Bitcoin ETFs recorded roughly $3 billion in inflows over a nine-session streak.
.
Despite the recent withdrawals, cumulative net inflows since launch remained at approximately $57.6 billion, with total net assets around $100.6 billion.
$BTC
$OSMO