Crypto ETF Outflows Surpass $750 Million Following Major Liquidations
Net outflows from spot Bitcoin and Ethereum-ETFs in the United States reached $755 million on the first trading day after significant market liquidations. On October 13, $326.5 million was withdrawn from funds based on the leading cryptocurrency.
The largest outflows were recorded by Grayscale GBTC ($145.4 million) and Bitwise BITB ($115.64 million). The only fund with inflows was BlackRock’s IBIT, which attracted $60.36 million.
Ethereum ETFs fared worse, with total outflows reaching $428.5…
