TREE NEWS reports: US spot Bitcoin ETFs recorded $635 million in net outflows on Thursday, ending a three-day inflow streak, and have now posted $175 million in net outflows for October as a whole. The withdrawals push the month back into the red after a brief stretch of positive flows. The figures cover the combined daily flows of the US spot Bitcoin ETF complex.
US spot Bitcoin ETFs see $635M in daily outflows, October turns negative
Related Coin Charts
AI take
The swing from a three-day inflow streak to a $635 million single-day withdrawal, enough to flip the entire month negative, suggests ETF flows remain highly reflexive rather than trend-driven. That matters most for issuers and market makers who depend on steady creations to support liquidity and fee revenue, and for the broader Bitcoin market, where ETF demand has been a visible marginal buyer. Whether the $175 million monthly deficit proves a brief air pocket or the start of a more persistent de-risking is the open question worth tracking in the coming sessions.
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
11m ago
Bristol Myers Squibb Discloses Patient Death in Early CAR-T Trial
11m ago
Shenwan Hongyuan HK Says It Received Suspected Extortion Message, Reports to Police
19m ago
Reliance’s Jio Platforms India IPO Draws Record 13.8 Million Bids
20m ago
Jio Platforms IPO draws $77B in bids, India’s most-subscribed offering
27m ago
Nasdaq 100 Extends Gains to 0.5%, Hits Intraday High
37m ago
Dow Falls Over 800 Points as Middle East Tensions Escalate