Bitcoin and Ether exchange-traded funds (ETFs) have seen notable outflows this October, signaling a cautious stance among crypto investors. According to CoinTelegraph, Bitcoin ETFs alone recorded a $244 million withdrawal on Thursday.
Meanwhile, Ether funds have experienced sustained selling pressure, extending their outflow streak to eight consecutive sessions and shedding a total of $641 million, CoinTelegraph reported. This continuous decline highlights ongoing investor concerns amid broader market volatility.
For Japanese investors, who increasingly use ETFs as a gateway to crypto exposure, these outflows may reflect heightened risk aversion amid global economic uncertainties affecting both traditional and digital asset markets.