U.S. spot Bitcoin and Ether ETFs have recorded nearly $1 billion in combined net outflows so far in October. Bitcoin ETFs saw $244.1 million in outflows on Thursday, following $484.9 million in withdrawals on Wednesday, the largest daily outflow since June 25. Ether ETFs extended their eight-session losing streak, having shed $641.3 million since September 29. In total, October outflows stand at $986.3 million, with $407.4 million from Bitcoin ETFs and $578.9 million from Ether ETFs. This trend coincides with a weakening Bitcoin rally, as the cryptocurrency fell to as low as $80,427 on Thursday before trading around $82,506.
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