News
Crypto market recap – ETFs outflows, legal actions, and testnet delays
• Bitcoin ETFs lost $635.6 million on Thursday, wiping out 60% of recent inflows and turning October to a $176 million net loss; Bitcoin price stayed around $81,700 • Ethereum ETFs saw $110.6 million outflows, contributing to $1.18 billion total crypto ETF outflows for October • New York officials say crypto scammers exploiting prayer groups must pay $1.3 billion in restitution • Ethereum delays Glamsterdam testnet fork due to gas security flaws • Analysts note Bitcoin is in a “wait‑and‑see” mode ahead of the Fed meeting on Oct 27‑28