Market News / Story
Bitcoin, Ether ETFs’ October outflows swell toward $1B
Cointelegraph ·
Cointelegraph reports: US spot Bitcoin and Ether exchange-traded funds (ETFs) have recorded nearly $1 billion in combined net outflows so far in October. According to Farside Investors, Bitcoin ETFs recorded $244.1 million in net outflows on Thursday, following $484.9 million in withdrawals on Wednesday, the largest daily outflow since June 25. Ether ETFs posted $72.5 million in net outflows on Thursday, extending their losing streak to eight consecutive trading sessions. The funds have…