US spot Bitcoin ETFs logged their largest single-day outflow since June on October 30.
According to Farside Investors, the funds lost a net $643.2 million that Friday, ending a four-day inflow streak and leaving October $515.9 million in the red. BlackRock’s IBIT led with $233.7 million of redemptions, followed by Fidelity’s FBTC at $201.0 million and ARK 21Shares’ ARKB at $129.5 million.
Spot Ether ETFs lost another $155.7 million the same day, a fifth straight outflow session, while Solana products saw about $10.8 million leave. Flows measure share creations and redemptions, not a price forecast; IBIT still took in about $932.1 million across October even after Friday’s exit.
#Bitcoin #ETF #Crypto
DYOR. Not financial advice.
According to Farside Investors, the funds lost a net $643.2 million that Friday, ending a four-day inflow streak and leaving October $515.9 million in the red. BlackRock’s IBIT led with $233.7 million of redemptions, followed by Fidelity’s FBTC at $201.0 million and ARK 21Shares’ ARKB at $129.5 million.
Spot Ether ETFs lost another $155.7 million the same day, a fifth straight outflow session, while Solana products saw about $10.8 million leave. Flows measure share creations and redemptions, not a price forecast; IBIT still took in about $932.1 million across October even after Friday’s exit.
#Bitcoin #ETF #Crypto
DYOR. Not financial advice.
