US Bitcoin ETFs shed $485M in biggest daily outflow since June
Summary
US spot Bitcoin ETFs saw $484.9 million in net outflows on Wednesday, their largest daily withdrawal since June 25, reversing the previous day’s $118.8 million inflow and pushing October’s total to about $163 million in net outflows. BlackRock’s IBIT led withdrawals with $207.7 million, followed by Fidelity’s FBTC and ARK 21Shares’ ARKB. Bitcoin traded near $82,700 on Thursday, down about 2% over 24 hours. Spot Ether ETFs lost $160.9 million, extending their outflow streak to seven sessions and bringing withdrawals since Sept. 29 to roughly $569 million.
