
Bitcoin, Ether ETFs shed $549M as October ETH outflows near $1B
- —October net outflows from Ether ETFs near $955 million
- —Bitcoin funds extend weekly outflow streak to two weeks
- —Combined daily outflows from BTC and ETH ETFs hit $549 million
Why it matters: Sustained ETF outflows weaken institutional demand and pressure BTC and ETH prices.
Source: Cointelegraph
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