Four U.S. Spot Crypto ETF Categories Post $575.91 Million in Outflows

U.S. spot exchange-traded funds for four cryptocurrencies posted $575.91 million in net outflows in the week ended Oct. 16, with Ether (ETH) products driving most withdrawals as the overall pace slowed. Ether funds accounted for $319.97 million, about 56% of the combined figure. Bitcoin (BTC) products recorded $228.58 million in net outflows, while Solana (SOL) and XRP funds posted $25.52 million and $1.84 million, respectively. The four categories had recorded roughly $1.24 billion in combined net outflows the previous week. Bitcoin funds' weekly outflow narrowed from $681.10 million, and Ether funds' declined from $542.07 million. The smaller totals still left Bitcoin products with a second consecutive week of net outflows and Ether products with a third.

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