Bitcoin and Ether ETFs Lose Over $885 Million in October
Bitcoin ETFs lost $244 million on Thursday. Ether funds saw outflows of $641 million, extending their streak to eight consecutive days.
Why it matters
ETF outflows suggest investor sentiment is shifting, potentially impacting market liquidity and price stability.
Key facts
- asset
- Bitcoin
Taken from the source as published — check the details before acting on them.
Bitcoin ETFs hit $244 million loss
Bitcoin ETFs recorded a net outflow of $244 million on Thursday, marking a significant withdrawal from the product.
Ether funds continue to drain
Ether ETFs have seen a total of $641 million in outflows over eight consecutive trading days, signaling ongoing investor caution.
Sources
- Bitcoin, Ether ETFs’ October outflows swell toward $1B By Cointelegraph by Ezra Reguerra, CoinTelegraph · cointelegraph.com
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