Bitcoin and Ethereum ETF Outflows Surge to $151M With Uptober Rally Under Pressure

Bitcoin and Ethereum ETFs began the week under pressure after posting combined net outflows of $150.8 million on Oct. 12. According to data from Farside, withdrawals totaled $65.4 million from Bitcoin ETFs and $85.4 million from Ethereum ETFs . The figures extend a difficult start to October for both asset classes and suggest institutional demand for Bitcoin-linked products remains under strain after several sessions of negative flows. Bitcoin ETFs recorded $65.4 million in net outflows during Monday’s session.