US spot Bitcoin ETFs see $203M net outflows in October so far
- —October net outflows from spot BTC ETFs total about $203 million
- —June's record outflow was $4.5 billion in a single month
- —August and September combined attracted $6.2 billion
- —Cumulative net inflows into BTC ETFs now stand at $57.4 billion
Why it matters: A flat October shows institutional demand for BTC has stalled as investors await the Fed decision and watch price action near $80,000.
Source: PANews