Bitcoin ETFs Bleed $636 Million as October Turns Red Again
Summary
U.S. spot Bitcoin ETFs recorded $635.6 million in outflows on Thursday, erasing nearly 60% of the $1.07 billion they attracted over the prior three sessions. The withdrawals pushed October flows to a $176 million net loss and reduced cumulative inflows since launch to $57.8 billion. Ethereum ETFs lost $110.6 million, while Solana ETFs shed $8.9 million. The selling came amid declines across broader markets, but crypto prices moved little: Bitcoin was near $81,460, Ethereum near $2,400 and Solana around $104. Total crypto market capitalization held at about $2.85 trillion, with trading volume down 20%.
