Update
US Bitcoin ETFs Record Net Outflows
US spot Bitcoin ETFs saw $261.4 million in net outflows on October 14, according to Farside Investors. Bitwise’s BITB attracted $2.2 million in inflows, while Fidelity’s FBTC and BlackRock’s IBIT each lost $152.7 million and $110.9 million, respectively. This was a broad retreat across the category, with the combined outflows of FBTC and IBIT totaling $263.6 million, as BITB’s inflow reduced the total to $261.4 million. The outflows occurred against a backdrop of $487 million in net outflows on October 7 and $175.7 million in net inflows on October 13.