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NewsSignals AI analysis·Cointelegraph·

Bitcoin ETFs bleed $635M as October slides back into the red

Grade Abearish AI signal$BTC
US spot Bitcoin ETFs recorded $635 million in net outflows on Thursday, reversing October's flows into negative territory and marking their largest daily withdrawal since June 25. The outflows erased Wednesday's $528 million inflow, pushing October's net flows to minus $175 million, although weekly ETF flows remained positive at $443 million. Sustained ETF withdrawals could intensify selling pressure on Bitcoin and weaken institutional demand if outflows continue.

Bullish strength: 20/100

  • Bitcoin ETFs still recorded $443 million in weekly net inflows.
  • Thursday's withdrawals followed a three-day inflow streak that attracted $1.08 billion.

Bearish strength: 80/100

  • US spot Bitcoin ETFs suffered $635 million in daily net outflows.
  • October's cumulative ETF flows turned negative at minus $175 million.
  • Bitcoin traded around $81,783, down approximately 1% over 24 hours at publication.

This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.

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