Bitcoin and Ethereum ETFs Bleed $390 Million Amid Market Drop

TL;DR ETF Outflows: Bitcoin and Ethereum ETFs recorded combined net outflows of roughly $390.9 million on Oct. 14, reversing the previous day’s recovery and highlighting renewed selling pressure. Fund Leaders: BlackRock and Fidelity led withdrawals on the BTC side, while BlackRock’s Ethereum fund accounted for most Ethereum-related outflows. Market Impact: The withdrawals occurred alongside price declines in major cryptocurrencies, with Bitcoin falling about 2.5% and Ethereum dropping more than 5%. Bitcoin and Ethereum ETFs posted a sharp reversal on Oct. 14, recording combined net outflows of approximately $390.9 million after a brief recovery a day earlier . According to the latest fund flow data, investors pulled capital from both asset classes as the broader crypto market struggled to regain momentum during October.

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