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The U.S. spot Bitcoin ETFs experienced a net outflow of approximately $643 million on October 30, ending four consecutive days of inflows. For October, net flows shifted from a net inflow of approximately $128 million to a net outflow of approximately $515 million. This selling occurred following the Binance incident; whether this is a one-time withdrawal or the start of sustained outflows will depend on the first few trading days next week. This is not investment advice.

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