U.S. Spot Bitcoin and Ether ETFs Extend Outflow Streak

AI Market Summary

Farside data show U.S. spot Bitcoin ETFs posted a $244.1m net outflow, the second straight day of sizable redemptions, while spot Ethereum ETFs saw $72.5m of outflows, extending the streak to eight sessions. Persistent ETF outflows typically signal weaker near-term institutional risk appetite and can pressure liquidity and positioning in BTC and ETH-linked markets.

Impact level

● Medium

Affected assets

BTC/USDT-0.54%

AI Insight · BTC/USDTAI Insight

▼ Bearish

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U.S.-listed spot Bitcoin exchange-traded funds posted net redemptions of $244.1 million on Oct. 9, according to Farside data cited by Huo Xing Finance. The result marks a second straight session of heavy outflows. Spot Ethereum ETFs also remained under pressure, recording net outflows of $72.5 million on the day and stretching their outflow run to eight consecutive trading sessions.

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