TREE NEWS reports: Bitcoin ETFs lost $244 million on Thursday, extending October outflows toward the $1 billion mark. Ether funds bled $641 million, stretching their outflow streak to eight straight sessions. The combined withdrawals underscore a broad retreat from US-listed spot crypto exchange-traded funds this month.
Bitcoin, Ether ETFs Shed Nearly $1B in October Outflows
Related Coin Charts
AI take
The scale of ether ETF outflows relative to bitcoin funds is the notable detail here, suggesting the retreat is not uniform across crypto ETFs. The eight-session ether streak points to sustained rather than one-off selling pressure. Whether this divergence persists, or whether bitcoin funds follow ether into a deeper drawdown, is the open question for the sector.
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
Trump Says Stock Market Hits Record High, 91st in Under Two Years
27m ago
Meta Platforms seeks €9B bond, receives €53B in orders
35m ago
Intel Shares Recover, Losses Narrow to 2.4%
38m ago
Citadel Securities: US stocks set to rally after midterms
1h ago
Moderna market cap tops $100B ahead of quarterly results, shares up 9.5%
1h ago
MSCI Nordic Countries Index Rises 1.5% to 412.43, Biggest One-Day Gain Since June 12