U.S. Spot Bitcoin ETFs Record $773.5 Million in Two-Day Outflows

Bitcoin (BTC) is entering November after U.S. spot Bitcoin exchange-traded funds (ETFs) recorded $773.5 million in combined net outflows across two sessions, giving markets a fresh measure of fund activity ahead of the next Federal Reserve decision. The funds recorded $635.6 million in net outflows on Oct. 22 and $137.9 million on Oct. 23. Together, the two U.S. trading sessions brought the total to $773.5 million, with most of the withdrawals occurring on Oct. 22. Net outflows mean redemptions exceeded new fund creations; the figures do not identify investors’ reasons for withdrawing. September’s Consumer Price Index (CPI) rose 3.7% from a year earlier and 0.6% from August. Core CPI increased 2.6% year over year. The figures were released Oct. 14 at 8:30 a.m.

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