Markets· ★★★★· bearish·

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