Bitcoin ETFs lost $643M in one day; Ethereum ETFs have 11 straight days of outflows, wiping out October gains.
Bitcoin ETFs experienced a massive $643.2 million outflow on October 30, marking their worst single day since June and dropping total assets below $100 billion for the month. Ethereum ETFs have seen 11 consecutive days of outflows, losing $1.6 billion in October alone. These outflows erased all of October's gains for Bitcoin ETFs and deepened losses for Ethereum ETFs, reflecting broader investor caution. The coming weeks will be critical to see if this trend reverses or continues into year-end.
Bitcoin ETFs experienced a massive $643.2 million outflow on October 30, marking their worst single day since June and dropping total assets below $100 billion for the month. Ethereum ETFs have seen 11 consecutive days of outflows, losing $1.6 billion in October alone. These outflows erased all of October's gains for Bitcoin ETFs and deepened losses for Ethereum ETFs, reflecting broader investor caution. The coming weeks will be critical to see if this trend reverses or continues into year-end.
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