US Bitcoin spot ETFs recorded net outflows of approximately $516 million in October.

on November 2, according to data from Farside Investors, US spot Bitcoin ETFs recorded cumulative net outflows of approximately $516 million in October, based on the sum of daily figures released by the firm.

On October 30 alone, single-day net outflows reached $643.2 million, ending four consecutive days of net inflows. BlackRock IBIT and Fidelity FBTC posted net outflows of $233.7 million and $201 million, respectively, on that day.