Bitcoin ETFs flip October flows negative after $487M outflow

Crypto Insight Summary: US-listed spot Bitcoin ETFs saw their biggest one-day outflow since June on Wednesday, as investors withdrew almost $490 million amid Bitcoin (BTC) falling to $82,000 and reversing all of the funds’ gains made in early October to make the monthly flows negative. Largest one-day outflow since late June SoSoValue data reported a single-day net outflow... Crypto Insight Analysis: Direction: Bearish BTC Impact: Major Impact Horizon: Short-term (1-3 days) Reasoning: Massive ETF outflows signal bearish sentiment, likely to pressure BTC price in near term.