US spot Bitcoin ETFs report $635M in daily outflows
CIE News ·
Based on reporting by Cointelegraph; not yet independently confirmed.
US spot Bitcoin ETFs saw $635.5 million in net outflows on October 22, snapping a three-day streak of inflows and pushing the monthly total to $175 million in net withdrawals, according to Cointelegraph.
US spot Bitcoin (BTC) ETFs registered $635.5 million in net outflows on October 22, marking their largest single-day redemption since June 25, according to Cointelegraph. The withdrawals snapped a three-day inflow run that had accumulated $1.08 billion. Following the single-day outflow, net flows for US spot Bitcoin ETFs across October dropped to $175 million in net withdrawals.
Key facts
- $635.5M daily outflows
- $175M October net outflows
- Ended 3-day inflow streak
- Biggest outflow since June 25
Read the original at Cointelegraph