The combined net outflow of U.S. spot Bitcoin and Ethereum ETF in October reached nearly US$1 billion, and the ETH ETF flowed out for eight consecutive days.

According to the latest statistics from Farside Investors, as of October 9, the cumulative net outflow of U.S. spot Bitcoin and Ethereum ETFs in October reached US$986.3 million. Specifically, the Bitcoin ETF had a net outflow of US$407.4 million in a single month, while the Ethereum ETF had a net outflow of US$578.9 million. Among them, the Bitcoin ETF recorded a net outflow of US$244.1 million on Thursday, a decrease from the previous day's outflow of US$484.9 million, but this figure is still the largest single-day outflow since June 25. The Ethereum ETF had a net outflow of US$72.5 million on Thursday, bringing its consecutive net outflow days to 8 trading days; in the current outflow cycle launched on September 29, the cumulative net outflow amount was approximately US$641.3 million. It is worth noting that during the continued outflow of ETF funds, Bitcoin prices showed signs of correction. CoinGecko data showed that BTC once dropped to a low of US$80,427 on Thursday and then recovered to US$82,506.