According to ChainCatcher, based on Rootdata data, Bitcoin spot ETFs recorded a total net outflow of $643 million on yesterday (Eastern Time, October 30).
The Bitcoin spot ETF with the highest single-day net outflow was BlackRock’s IBIT, with a net outflow of $234 million; as of that trading day, IBIT’s cumulative net inflow since inception reached $66.341 billion.
Second is Fidelity's ETF FBTC, with a single-day net outflow of $201 million; as of this trading day, FBTC's cumulative net inflow since inception stands at $10.178 billion.
Bitcoin spot ETFs recorded a $643 million net outflow on October 30, led by BlackRock’s IBIT.
ChaincatcherShare
Summary
Bitcoin news: On-chain data shows Bitcoin spot ETFs recorded a $643 million net outflow on October 30. BlackRock’s IBIT led with a $234 million outflow, followed by Fidelity’s FBTC with $201 million. Bitcoin news highlights ongoing pressure on major funds, with on-chain data reflecting shifting investor activity amid market volatility.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.