Crypto ETFs Post $26.15M Weekly Outflow Amid Market Volatility
Crypto ETFs saw a net outflow of $26.15 million in the latest week, according to CoinGlass data. Despite this weekly decline, the funds maintained a net inflow of $3.219 billion over the past month and $10.219 billion over the past quarter.
Daily flows fluctuated throughout the period, with the largest outflow reaching $220.80 million on September 30. However, the funds rebounded with inflows of $50.27 million on October 1 and $12.42 million on October 2.
The outflow coincided with a period of volatility in the market, with U.S. spot Bitcoin ETFs returning to positive flows on October 1 after a nine-session run of inflows ended on September 30.