US spot Bitcoin ETFs log $643 million in outflows
BROBROK News · Based on reporting by CryptoSlate ·
US spot Bitcoin ETFs saw $643 million in net outflows on October 30, ending four straight sessions of inflows. The reversal turned the October 26–30 period into a net withdrawal week despite earlier gains.
Key points
- Five of the 12 tracked funds posted withdrawals.
- Seven funds showed zero net flows, and none posted inflows.
- IBIT and FBTC accounted for the largest share of the daily outflows.
- The week ended with about $202.4 million in net outflows.
Why it matters
Spot ETFs are a major access point for Bitcoin exposure through brokerage accounts. Weak flows in this channel can indicate softer demand from investors using regulated market products.
Original headline: “Bitcoin ETFs lose $643 million in a day, wiping out the week’s inflows”
Read the original on CryptoSlate
Summary and analysis written by BROBROK News from the original report. Read the full story on the source website. Not investment advice.