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US Spot Bitcoin ETFs Log $202.4 Million in Outflows Across Five Sessions

U.S. spot Bitcoin exchange-traded funds recorded $202.4 million in cumulative net outflows across five consecutive trading sessions ending October 30. The multi-session decline was triggered by a $643.2 million surge in single-day redemptions on October 30, which offset modest gains including a $17.2 million inflow in the prior session. Withdrawals were concentrated in major funds, led by BlackRock's IBIT shedding $233.7 million and Fidelity's FBTC losing $201 million. This follows earlier volatile flows, including a $635.6 million outflow on October 22, leaving cumulative net inflows since launch at $57.048 billion.

Category

Bitcoin

Sentiment

Bearish

Event

Analyst flows

Reading time

1 min