Newsig · Cointelegraph
US Bitcoin ETFs shed $485M in biggest daily outflow since June
Bitcoin ETFs erased October’s net inflows with $485 million in withdrawals, while Ether funds logged a seventh straight outflow session.
Why it matters
BTC (Bitcoin) · Why linked: Bitcoin spot ETFs saw their largest daily outflow since June, directly impacting BTC price action. Market context: Heavy ETF outflows of $485M signal institutional de-risking and are likely to pressure Bitcoin lower in the short term.
IBIT · Why linked: BlackRock's IBIT is the largest spot Bitcoin ETF affected by the large daily outflows. Market context: Sustained outflows reduce IBIT's AUM and could weigh on near-term price performance.
ETH (Ethereum) · Why linked: Seven straight days of Ether ETF outflows indicate sustained selling pressure on ETH. Market context: Ongoing institutional outflows are bearish for Ethereum's near-term price trajectory.
How BTC, ETH usually react
This story is too recent for its own reaction record — we score each asset against the actual price move 24h after publication. These are the long-run figures across every event we have tracked for them.
| Asset | Events | Avg max move | Closed lower |
|---|---|---|---|
| BTC | 9 | +2.02% | 67% |
| ETH | 4 | +3.66% | 50% |
Curated by Newsig — News in. Signal out.
How the reaction data is measured · Editorial policy