US Spot Bitcoin ETFs See $65.4 Million Outflow, Reversing to Net Red After One Day
US spot Bitcoin exchange-traded funds swung back to net outflows after just one day.Trader T data on October 13 showed total net outflows of $65.4 million from US spot Bitcoin ETFs in the previous session, reversing course a day after they posted net inflows.The day's outflow came entirely from BlackRock's IBIT. The fund lost $65.4 million, matching the category's total net outflow. The remaining products posted no net flows.US spot Bitcoin ETFs have continued to see money leave this month, recording cumulative net outflows of more than $400 million. Total net outflows for the month reached $451.8 million, while cumulative net inflows for the year stood at $478.6 million.