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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.
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ReportedwithdrawalsStatement 1280
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.