Bitcoin ETFs sink into October outflows with $643M exit after Binance hack
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US spot Bitcoin ETFs experienced $515 million in net withdrawals in October, driven by a single-day exit of $643 million on Friday following a $6.3 billion hack on Binance and Bitcoin's drop to $77,000. BlackRock's IBIT led outflows with $234 million, and Fidelity's FBTC saw $201 million. Meanwhile, US spot Ether ETFs reached a record $1.61 billion in monthly net outflows.
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