Bitcoin ETFs Shed Nearly $1 Billion in Two Weeks as Uptober Stays Red
60-second summary
Bitcoin ETFs shed a net $228.6 million this week, adding to a $681.1 million outflow the prior week and driving October’s cumulative withdrawals toward a $1 billion loss. The rapid capital exodus reflects investors’ waning confidence amid persistent price declines, signaling heightened risk aversion that could suppress inflows to crypto‑linked funds and pressure broader market liquidity.
Bitcoin ETFs lost a net $228.6 million this week, following a $681.1 million drain the week before and pushing October deep into the red.