TREE NEWS reports: US spot Bitcoin ETFs closed October with $515 million in net withdrawals, while Ether funds posted a record $1.61 billion in monthly outflows. The exits came as Bitcoin ETFs sank into October outflows, including a $643 million exit following the Binance hack.
US Bitcoin ETFs End October With $515M Net Outflows
Related Coin Charts
AI take
The scale of the Ether exodus is the more telling signal here: a record monthly outflow suggests rotation or de-risking is broadening beyond Bitcoin rather than sitting in a single product. The $643 million single-day exit tied to the Binance hack hints that venue and counterparty risk, not just price action, is driving redemptions. Whether that outflow streak persists into November, and whether Ether funds stabilize alongside Bitcoin ETFs, is the open question worth tracking.
Generated by AI for reference only.
Share on WeChat
Open WeChat → Scan → then tap "…" to send to a chat or Moments.
Tap "…" in the top-right corner to send to a chat or share to Moments.
Related News
27m ago
Robinhood CFO: Anthropic IPO Will Be a Market Bellwether
4h ago
Russian cloud provider Beget hit by cyberattack, disrupting access to nearly 500,000 sites
4h ago
tZERO Signs $350 Million SPAC Deal With FG Imperii
5h ago
Bitmine Buys 8,573 ETH as Holdings Slip to $14.5B
5h ago
Hackers Raise European Supermarket Freezer Temperatures to 50C
5h ago
Crypto Treasury Stocks: mNAV and Dilution Drive Per-Share Value