US spot bitcoin exchange-traded funds (ETFs) posted net outflows of $643.3 million on Friday, October 30, the largest in a single day since June 25, according to SoSoValue data reported by The Block. For the week as a whole, outflows totaled $202.6 million.
Spot ether ETFs had outflows of $155.9 million that day, the largest since October 7, and of $431.5 million for the week, according to the same source. CoinDesk also reports the outflow of some $643 million from bitcoin ETFs based on SoSoValue data.
The outflows came the day after the theft of some $6,300 million from Binance, which the FBI attributes to North Korea, according to The Block. A Laevitas analyst cited by the outlet notes that the outflow represents less than 1% of the $98,140 million in assets held by bitcoin ETFs, which have no direct exposure to Binance.
Bitcoin was trading at $78,491 on Sunday night, up 1% from 24 hours earlier, according to The Block.
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