CryptoMarkets

Bitcoin ETFs bleed $635M as October slides back into the red

Summary

US spot Bitcoin ETFs experienced significant withdrawals, eliminating previous gains and resulting in net outflows for the month. This recent market movement abruptly halted a short period of positive capital inflows into the funds.

Thursday’s withdrawals ended a three-day inflow streak and left US spot Bitcoin ETFs with $175 million in net outflows for October.

Source: Read the full story at Cointelegraph.com News

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