Bitcoin ETFs sink into October outflows with $643M exit after Binance hack
Summary
Spot Bitcoin exchange-traded funds in the United States recorded net withdrawals totaling $515 million during October. Meanwhile, Ether-based investment funds experienced a record-breaking $1.61 billion in monthly outflows over the same period.
US spot Bitcoin ETFs ended October with $515 million in net withdrawals, while Ether funds posted a record $1.61 billion in monthly outflows.
Source: Read the full story at Cointelegraph.com News
Disclaimer: This content is for informational and educational purposes only and is not financial, investment or trading advice. Tech & Money Press is not a registered investment adviser or broker-dealer. Trading stocks, options and crypto involves substantial risk, including the loss of your entire investment. Do your own research and consult a licensed professional before making any financial decision. The authors may hold positions in the securities mentioned. News summaries are written with AI assistance from the original publisher's report and may contain errors; always check the original source. Full disclaimer.