Bitcoin ETFs Lose $82 Million As BlackRock Leads Friday’s Withdrawals

Chronological Source Flow
Back

AI Fusion Summary

US spot Bitcoin ETFs experienced net outflows of approximately $82.4 million on October 16. BlackRock's IBIT led the withdrawals with $71.8 million, while Fidelity's FBTC recorded $10.6 million in net outflows. Simultaneously, ether ETFs shed $69.68 million, bringing the combined loss for both assets to $152 million. While Solana, XRP, and zcash finished lower, NEAR attracted fresh capital. The selling pressure was primarily driven by BlackRock's flagship spot Bitcoin ETF during Friday's session.
Community Comments
Loading updates...
0