Bitcoin ETFs sink into October outflows with $643M exit after Binance hack

Crypto Insight Summary: US spot Bitcoin ETFs ended October with $515 million in net withdrawals, while Ether funds posted a record $1.61 billion in monthly outflows. Crypto Insight Analysis: Direction: Bearish BTC / Bearish ETH Impact: Major Impact Horizon: Short-term (1-3 days) Reasoning: Heavy ETF outflows, including record ETH withdrawals, signal broad risk-off pressure amid exchange hack fears.