Bitcoin ETFs See First Net Outflow Since September
Bitcoin ETFs experienced their first day of net outflows since mid-September, a period that typically sees strong ETF flows and retail demand. Historically, Bitcoin has shown a median return of around 11%-14% in October.
Bitcoin ETFs posted their first net outflow day since mid-September, moving into a month that is typically strong for both ETF flows and retail investor demand. Lacie Zhang of Bitget Wallet said in a note that Bitcoin's median October return has historically been around 11%-14%. Zhang added that October has a strong...