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Bitcoin, Ether ETFs shed $549M as October ETH outflows near $1B
Published Source: CoinTelegraphRead original
Crypto Insight Summary: US spot Ether ETFs recorded around $955 million in October net outflows so far, while Bitcoin funds extended their weekly withdrawal streak to two weeks. Crypto Insight Analysis: Direction: Bearish BTC / Bearish ETH Impact: Major Impact Horizon: Short-term (1-3 days) Reasoning: Large ETF outflows signal institutional selling pressure on BTC and ETH.