Add as a preferred source on GoogleU.S. Bitcoin And Ether ETFs Lose $316.6 Million In One Day
Ether ETFs extended an eight-session outflow streak, while combined October redemptions reached $986.3 million through Oct. 8.
U.S. spot Bitcoin (BTC) and Ether (ETH) ETFs recorded a combined $316.6 million in net outflows on Oct. 8, pushing withdrawals from the two funds categories to nearly $1 billion for October.
Bitcoin ETFs accounted for $244.1 million of the daily outflows, while Ether ETFs lost $72.5 million. The combined total differs from the $311.9 million figure circulated in the initial report.
Ether ETFs have now posted net outflows in eight consecutive sessions from Sept. 29 through Oct. 8, totaling $641.3 million. Bitcoin ETFs recorded $407.4 million in net outflows during October through Oct. 8, bringing the combined monthly total to $986.3 million.
The figures cover U.S. spot funds and reflect trading activity through Oct. 8.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.