US Bitcoin Spot ETFs See $485 Million Net Outflow — Largest Since June
US Bitcoin and Ethereum spot ETFs experienced significant net outflows on October 7, totaling $484.9 million and $160.9 million respectively, the largest since June and January. BlackRock's IBIT and ETHA led the outflows, with $207.7 million and $116.1 million withdrawn. Bitcoin's price dropped to $83,000, its lowest in 17 days, indicating a shift in investor sentiment.



