Bitcoin ETFs claw back $110M after $774M exit
BTC when published $79,516Now $80,760 ▲ +1.56% since it was published
US spot Bitcoin ETFs remained in the red for October, with about $202 million in net outflows for the month despite Monday’s rebound. US-listed spot Bitcoin exchange-traded funds (ETFs) returned to net inflows on Monday despite weakening market sentiment and continued volatility in BTC price. The funds attracted $110 million in net inflows on Monday, bouncing back from $774 million in withdrawals over the previous two trading sessions, according to SoSoValue. Despite the rebound, October remained negative, with approximately $202 million in net outflows through Monday. Bitcoin traded at $79,595 at the time of publication and was down 2.6% over the past seven days, according to CoinGecko.
First reported by Cointelegraph. This page is a short excerpt; the full text is theirs.
