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Bitcoin ETFs claw back $110M after $774M exit

58m ago•
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Bitcoin ETFs claw back $110M after $774M exit

US spot Bitcoin ETFs remained in the red for October, with about $202 million in net outflows for the month despite Monday’s rebound.

US-listed spot Bitcoin exchange-traded funds (ETFs) returned to net inflows on Monday despite weakening market sentiment and continued volatility in BTC price.

The funds attracted $110 million in net inflows on Monday, bouncing back from $774 million in withdrawals over the previous two trading sessions, according to SoSoValue.

Despite the rebound, October remained negative, with approximately $202 million in net outflows through Monday.

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58m ago•
bullish:

1

bearish:

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