1h ago

Bitcoin ETFs Log $262M in Net Outflows as BTC Falls Below $81K

U.S. spot Bitcoin ETFs recorded $261.4 million in net outflows on Oct. 14, reversing a $175.7 million net inflow the previous day. Fidelity's Wise Origin Bitcoin Fund (FBTC) led redemptions with $152.7 million, and BlackRock products also recorded outflows. The week's cumulative net outflows reached roughly $151 million. Bitcoin fell below $81,000 and approached the $80,000 mark as U.S. September inflation of 3.7% added pressure on risk assets.

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