US Bitcoin ETF October flows turn negative as investors pull out $635 million

Crypto Insight Summary: US spot Bitcoin ETFs posted withdrawals worth $635 million in a single session. This marked the biggest single-day withdrawal from these funds since June, enough to take the October totals into negative territory. To those looking at fund flows as a metric of institutional demand, the number puts a damper on a week that looked... Crypto Insight Analysis: Direction: Bearish BTC Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Large ETF outflows signal short-term bearish sentiment but long-term impact is limited.