CryptocurrenciesFreeBitcoin Spot ETFs Bleed $635M as October Net Flows Revert to Negative
A sudden shift in institutional sentiment has wiped out recent momentum for digital asset funds, as US spot Bitcoin ETFs suffered a sharp $635 million withdrawal event. The heavy withdrawal ended a brief three-day streak of positive capital injections, dragging total net flows for October into negative territory. With monthly performance now standing at a net loss of $175 million, market participants are re-evaluating short-term liquidity conditions across crypto trading venues.