Market News / Story
US Bitcoin ETFs shed $485M in biggest daily outflow since June
Cointelegraph ·
Cointelegraph reports: US spot Bitcoin exchange-traded funds (ETFs) recorded $484.9 million in net outflows on Wednesday, reversing Tuesday’s $118.8 million net inflow. The withdrawals were the largest since June 25, when the funds lost $691.7 million, according to Farside Investors. Wednesday’s outflows wiped out the $321.6 million in net inflows recorded over October’s first four trading sessions, leaving Bitcoin ETFs with approximately $163 million in net outflows for the month.…