US Bitcoin ETFs shed $485M in biggest daily outflow since June
Bitcoin ETFs erased October’s net inflows with $485 million in withdrawals, while Ether funds logged a seventh straight outflow session.
Auto Added by WPeMatico
Bitcoin ETFs erased October’s net inflows with $485 million in withdrawals, while Ether funds logged a seventh straight outflow session.
Bitcoin fell below $83,000 to reach month-to-date lows as stocks reversed after all-time highs and bond yields spiked higher.
Bitcoin fell 2.3% in two hours amid suspicion over the appearance of leveraged BTC short positions on Hyperliquid.
Bitcoin ETFs returned to net inflows with $119 million on Tuesday despite falling prices, while Ether funds reached a six-session outflow streak totaling $408 million.
Bitcoin price action was kept in check by overhead ask liquidity while US stocks broke out to new all-time highs.
Binance BTC reserves fell by nearly 40,000 coins since Sept. 20 as whales returned stablecoin capital to their exchange wallets.
US spot Bitcoin ETFs reversed two days of inflows as Bitcoin slipped below $86,000, trading roughly 32% below its October 2025 all-time high.
Weak US jobs data has narrowed expectations for another Fed hike in October, offering Bitcoin some relief as investors continue to embrace the debasement trade.
Bitcoin’s highest weekly close in eight months formed low-timeframe resistance at the start of Monday’s US trading session.
Bitcoin bulls renewed pressure on range highs with the 2026 yearly open forming the next key resistance to break through.
