Bitcoin, Ether ETFs shed $549M as October ETH outflows near $1B
US spot Ether ETFs recorded around $955 million in October net outflows so far, while Bitcoin funds extended their weekly withdrawal streak to two weeks.
AI summary
US spot Ether ETFs have seen roughly $955 million in net outflows so far in October, approaching the $1 billion mark, while Bitcoin ETFs extended their weekly withdrawal streak to two weeks. Combined ETF outflows totaled $549 million. Sustained outflows from spot crypto funds signal weakening institutional demand and can pressure BTC and ETH prices as redemption-driven selling adds supply to the market.
Narrative history
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1H AGOYou’re reading thisBitcoin, Ether ETFs shed $549M as October ETH outflows near $1BCointelegraph · Score 65
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18H AGODecrypt · Score 72 · via ETFs Shed, Shed
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17 OCT · 05:22Crypto Briefing · Score 55 · via shed, outflows
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15 OCT · 07:23Cointelegraph · Score 65 · via ETFs shed, shed
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15 OCT · 05:36Crypto Briefing · Score 55 · via $261M, ETFs shed
