US Spot Bitcoin ETFs Post $643.2M Daily Net Outflow, Largest Since June 25
AI Market Summary
US spot Bitcoin ETFs recorded $643.2 million in net outflows, the largest daily exit since June 25, with BlackRock, Fidelity and ARK funds leading and no fund attracting inflows. Coming after the $6.3 billion Binance hack, the data signals weakened institutional demand and risk aversion. October ETF flows are now negative, reinforcing ETF flows as the key near-term gauge of US Bitcoin demand.
Impact level
● High
Affected assets
BTC/USDT+0.38%
AI Insight · BTC/USDTAI Insight
▼ Bearish
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US spot Bitcoin ETFs saw $643.2 million in net outflows on Friday, the largest daily exit since June 25, Farside Investors data show. BlackRock IBIT led with $233.7 million, then Fidelity FBTC at $201 million and ARK 21Shares ARKB at $129.5 million. No fund recorded inflows. The first full US session after the $6.3 billion Binance hack left October flows $515.9 million in the red.