ETF Outflows Challenge Uptober Hype as Ethereum Sees $145M Drain and Bitcoin $40M
The much-anticipated “Uptober” rally is dealing with a check as each Bitcoin and Ethereum spot exchange-traded funds (ETFs) recorded heavy outflows, dampening market sentiment that had constructed round October’s traditionally bullish developments. According to SoSoValue knowledge, Ethereum spot ETFs noticed $145.68 million in internet outflows on October 20, marking their third consecutive day of withdrawals….
