Bitcoin ETF outflows hit $137.9 million, Ethereum funds gain $4.4 million

Spot Bitcoin exchange-traded funds in the United States saw outflows totaling $137.9 million on Friday, October 23, according to Farside Investors. The withdrawals marked the second consecutive session of net redemptions from Bitcoin funds, with BlackRock’s IBIT recording the largest single-day loss. BlackRock’s IBIT experienced net outflows of $110.3 million, representing the day’s largest withdrawal among Bitcoin funds. Fidelity’s FBTC followed with $31.8 million in redemptions, bringing combined outflows from these two largest U.S. spot Bitcoin ETFs to $142.1 million—exceeding the total net outflow for the day. Morgan Stanley’s MSBT was the only U.S. Bitcoin ETF to post inflows, attracting $4.2 million in new deposits.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to CoinTurk News.