US spot Bitcoin ETFs recorded $175 million in net outflows for October, ending a three-day run of inflows, according to CoinTelegraph. The outflows on Thursday marked a reversal after a period during which investors added $635 million to these funds.
This shift highlights a cautious mood among investors toward spot Bitcoin ETFs, reflecting broader uncertainty in the crypto market. The three-day inflow streak had suggested renewed interest, but the recent withdrawals indicate some profit-taking or risk management ahead of market-moving events.
For Japanese investors, who are increasingly active in both crypto and equities, these developments underscore the importance of monitoring US ETF flows as indicators of global sentiment and potential impacts on local markets.