U.S. spot bitcoin ETFs shed $643.3 million on Friday, the largest single-day outflow since June 25, following Thursday's $6.3 billion Binance hack attributed by the FBI to North Korean hackers. Spot ether ETFs saw $155.9 million in outflows, their largest since Oct. 7, with weekly outflows of $431.5 million. Bitcoin traded at $78,491, up 1%. Analysts called the move a sentiment shock rather than capitulation, noting the outflow is under 1% of $98.14 billion in total ETF assets. They expect near-term caution, with attention shifting to U.S. midterm elections and hack developments.

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Story signal · how it spread on X · via Elfa

as of
Spread
i
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12 accounts

1 report
first post
Leviathan +5 h later

BTC reaction
i
Price change from the first post to 24 hours later (Hyperliquid). BTC over the same window is shown so a market-wide move is not mistaken for a reaction to this story. Not advice.
−0.1% 24h after post

$78,380 → $78,340
Elfa measured 0.0% 1d · still measuring

BNB reaction
i
Price change from the first post to 24 hours later (Hyperliquid). BTC over the same window is shown so a market-wide move is not mistaken for a reaction to this story. Not advice.
−0.6% 24h after post

$713.75 → $709.46
BTC −0.1% same window

Thread · 8 of 21 events · started 4 Aug 14:43 · 1 disputed · last update 2 Nov 03:27
  1. UpdateSpot crypto ETF flows diverge, with Bitcoin inflows and Ethereum outflows8 acc.
  2. UpdateU.S. spot Bitcoin ETFs take in $241M for a third consecutive week29 acc.
  3. DisputedU.S. spot Bitcoin ETFs see $89.9M in outflows while Ether ETFs take in $111M on October 514 acc.
  4. UpdateU.S. spot Bitcoin ETFs post heavy net outflows over October 7–864 acc.
  5. UpdateU.S. spot Bitcoin and Ethereum ETFs record renewed outflows30 acc.
  6. UpdateU.S. spot Bitcoin ETFs record $150.5 million net outflow, led by FBTC37 acc.
  7. UpdateBitcoin ETFs draw $176M as Ethereum and Solana funds see outflows37 acc.
  8. UpdateSpot Bitcoin and ether ETFs post sizable net outflows12 acc.
  9. Leviathan published this article

All times UTC.

Cited posts

  • @TheBlockCo The BlockFirst reportOn X ↗

    THE BLOCK: Spot bitcoin ETFs recorded $643.3 million in net outflows on Friday following the Binance hack, marking their largest single-day outflow since Jun 25. Spot ether ETFs also saw $155.9 million in net outflows, their largest since Oct. 7. bitcoin:native ethereum:native

  • @wublockchain12 吴说区块链On X ↗

    吴说获悉,根据 SoSoValue 数据,上周交易日(美东时间 10 月 26 日至 10 月 30 日)比特币现货 ETF 净流出 2.03 亿美元,富达 FBTC 净流出 1.66 亿美元居首。以太坊现货 ETF 净流出 4.32 亿美元,连续五周净流出。https://t.co/cxu8qK3Fo9

  • @TheMoonShow The Moon ShowOn X ↗

    U.S. Spot Crypto ETFs Weekly Flows Update: 🔴 BTC ETFs: $202.59M outflows 🔴 ETH ETFs: $431.53M outflows

Show 3 more cited posts
  • @WuBlockchain Wu BlockchainOn X ↗

    Bitcoin Spot ETFs Saw $203 Million Net Outflows Last Week, Ethereum Spot ETFs Saw $432 Million Net Outflows In the trading week from October 26 to October 30 (ET), Bitcoin spot ETFs recorded net outflows of $203 million, with Fidelity’s FBTC leading at $166 million in net…

  • @ErhanKOfficial Erhan KOn X ↗

    ETFs are bleeding 🔴$ETH saw $431.53M in net outflows, double last week's $220.61M outflow.$BTC saw $202.59M in net outflows, a reversal from last week's $304.73M inflow.$SOL saw $71.47M in net outflows, 313% more than last week's $17.3M outflow.

  • @SoSoValueCrypto SoSoValueOn X ↗

    https://t.co/4RqrTuBJLk

6 more accounts posted about this · 4 Telegram channels (no public link)

TradersTrader calls tracked by Elfa · not advice

Positioning · BTC

Open5,055 open positions · 4,301 long · 754 short

Tracked accounts lean long about 97% of the time, so a long-heavy book is normal, not a signal. As of 2 Nov 06:05 UTC.

Reaction since the first post

Since 2 Nov 01:11 UTC4 calls opened · 3 long · 1 short

Whole crypto market, not this story

Crowding2nd percentile · vs last 28 days, 50 typical
Pulse 24h12/100 · unusualness of new calls, 0–100, 50 typical, higher means more long than usual
Book96.8% long · 10,710 accounts

As of 2 Nov 06:05 UTC.

Social-monitoring data, not investment advice Elfa prices Hyperliquid post text from Xas of

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