๐Ÿšจ BREAKING NEWS: US Bitcoin ETFs shed $485M in biggest daily outflow since June

Bitcoin ETFs erased Octoberโ€™s net inflows with $485 million in withdrawals, while Ether funds logged a seventh straight outflow session.

US spot Bitcoin exchange-traded funds (ETFs) recorded $484.9 million in net outflows on Wednesday, reversing Tuesdayโ€™s $118.8 million net inflow.

The withdrawals were the largest since June 25, when the funds lost $691.7 million,accordingto Farside Investors.

Wednesdayโ€™s outflows wiped out the $321.6 million in net inflows recorded over Octoberโ€™s first four trading sessions, leaving Bitcoin ETFs with approximately $163 million in net outflows for the month.

๐Ÿ”— [ฤแปc toร n bแป™ bร i viแบฟt tแบกi bแบฃn gแป‘c](https://cointelegraph.com/markets/bitcoin-etfs-outflow-largest-june-october?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)

๐Ÿ“ฐ Nguแป“n: ๐Ÿช™ CoinTelegraph

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