At a glance
- Five of the 12 funds posted outflows, seven reported zero net flows, and no fund took in money that day.
- For advisors, a client holding one of the seven flat funds saw no net flow that day, while five of the 12 funds accounted for all the redemptions.
- The funds had gathered $440.8 million from Monday through Thursday before Friday's outflows.
US spot bitcoin ETFs had $643 million in net outflows on Friday, Oct. 30, turning the Oct. 26–30 week into a $202.4 million net withdrawal, according to Farside Investors data cited by CryptoSlate.
Five of the 12 funds posted outflows, seven reported zero net flows, and no fund took in money that day. IBIT and FBTC accounted for the two largest daily redemptions.
For advisors, a client holding one of the seven flat funds saw no net flow that day, while five of the 12 funds accounted for all the redemptions.
The funds had gathered $440.8 million from Monday through Thursday before Friday's outflows. Friday's withdrawals followed an Oct. 22 pullback. An earlier inflow day drew $137.3 million, nearly all of it into IBIT, as Digital Capital Daily previously reported.
Reported by the Crypto ETFs & funds desk from CryptoSlate and Farside Investors (via CryptoSlate). Published . Corrections