US spot Bitcoin ETFs recorded $484.9 million in net outflows on Wednesday, reversing Tuesday’s $118.8 million net inflow. These withdrawals were the largest since June 25, when funds lost $691.7 million. Wednesday’s outflows erased the $321.6 million in net inflows recorded during October’s first four trading sessions, leaving Bitcoin ETFs with approximately $163 million in net outflows for the month. BlackRock’s iShares Bitcoin Trust (IBIT) led the withdrawals with $207.7 million, followed by Fidelity (FBTC) with $105.1 million and ARK 21Shares (ARKB) with $101.7 million. Meanwhile, US spot Ether ETFs recorded $160.9 million in net outflows for their seventh consecutive trading session.
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