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The Binance Hack

An independent record of the October 2026 Binance hack

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Bitcoin ETFs sink into October outflows with $643M exit after Binance hack

Publisher
Cointelegraph (News media)
Original
https://cointelegraph.com/markets/bitcoin-etfs-october-red-binance-hack-outflows
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firecrawl-web0820011a262d067c62ebca8ef9af59baf4f01da8c7a696a6e52f3a65d5c70bebc3dd187cfcb24c3807b714127100f301623c52f51a9f01aecbabfd8cf079617f56800No

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ReportedwithdrawalsStatement 1280

Cointelegraph reported that, according to SoSoValue, investors pulled $643 million from US-listed spot Bitcoin ETFs on Friday, leaving the funds with $515 million in net outflows for October, as crypto markets faced volatility following the $6.3 billion Binance hack.

Investors pulled $643 million from US-listed spot Bitcoin exchange-traded funds (ETFs) on Friday, pushing October’s net flows into negative territory as crypto markets faced volatility following Binance’s $6.3 billion hack. Friday’s withdrawals snapped four consecutive days of inflows, leaving the funds with $515 million in net outflows for October, their first negative month since June, according to SoSoValue.

Speaker
Cointelegraph
Publisher
Cointelegraph (News media)
Original
Bitcoin ETFs sink into October outflows with $643M exit after Binance hack
Captured
Stored copy
sha256 11a262d067c6
Published