U.S. Spot Bitcoin and Ether ETFs Record $799 Million in Outflows

U.S. spot Bitcoin (BTC) ETFs recorded $643 million in net outflows on Oct. 30, while spot Ether (ETH) ETFs lost $156 million, bringing the combined daily total to $799 million. BlackRock's iShares Bitcoin Trust (IBIT) accounted for about $234 million of the Bitcoin outflow, the largest single fund contribution. Fidelity's Wise Origin Bitcoin Fund (FBTC) had roughly $201 million in outflows. On the Ether side, BlackRock's iShares Ethereum Trust (ETHA) recorded about $76.6 million of the $156 million total. Bitcoin ETFs had net inflows on all four trading days from Oct. 26 through Oct. 29. The Oct. 30 outflow exceeded the gains accumulated over that stretch, estimated at roughly $424 million to $441 million. U.S.

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