BTC+ETH ETF outflows ~$391M; Fidelity alone ~58% of Bitcoin selling
US spot Bitcoin and Ethereum ETFs logged about $391M of net outflows on October 14 after the hot CPI print: $261.4M from Bitcoin funds and $129.5M from Ethereum funds.
Fidelity's FBTC alone dumped $152.7M, roughly 58% of that day's Bitcoin ETF selling. One issuer did more than half the damage while Bitcoin hovered near $81K.
https://x.com/Cointelegraph/status/2110642041604489716
Sources: @AshCrypto: BlackRock and other ETFs sold $261.4M Bitcoin and $129.5M Ethereum · @BitcoinNewsCom: US Bitcoin ETFs -$261.4M Oct 14; Fidelity FBTC led with $152.7M after prior-day $175.7M inflow · @DustyBC: Bitcoin spot ETFs -$261.4M Oct 14; BlackRock clients sold $110.9M BTC · @WhaleInsider: BlackRock and other ETF issuers sold a combined $129.51M of ETH
Not financial advice. For informational and educational purposes only.
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