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October still sets outflow records for crypto funds
Bitcoin tried to reclaim $83,000 today
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Bitcoin tried to reclaim $83,000 today but failed again. Meanwhile, US spot Bitcoin and Ether ETFs lost $549m last week, meaning investors continue to withdraw funds from the two largest crypto products. According to SoSoValue, Bitcoin funds saw outflows of about $229m, and Ether funds lost $320m. This is Bitcoin's second week of outflows and Ether's third. The pace of outflows has eased a little. A week earlier the two fund types together lost $1.22bn, so the rate of withdrawal has more
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Miroslaw Bawulski,
Analytical expert of InstaForex
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