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Bitcoin ETF Week Stays Positive After Nearly $774 Million In Late Outflows

Bitcoin ETF Week Stays Positive After Nearly $774 Million In Late Outflows
Photo: NewsBTC

BTC when published $80,500Now $80,568 ▲ +0.08% since it was published

TL;DR: Farside’s preliminary figures show US Bitcoin funds retaining a $301.2 million weekly inflow despite two days of withdrawals. Ether funds were down $220.7 million for the week; Friday’s tables still contained missing entries. US spot Bitcoin funds gave back much of their early-week buying by Friday, leaving a smaller positive balance in the latest available data. The reversal makes the week’s total more informative than either the strong opening sessions or the withdrawals that followed. Farside Investors’ table, checked on October 24, showed net outflows of $137.9 million for Friday after $635.6 million on Thursday. Together, those two sessions removed $773.5 million. Monday through Wednesday had attracted $1.0747 billion, leaving a provisional five-session inflow of $301.2 million.

First reported by NewsBTC. This page is a short excerpt; the full text is theirs.

Read the full story at NewsBTC (opens in a new tab)

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