Overview
- U.S. spot Bitcoin ETFs recorded roughly $643.2 million of net outflows on October 30, the largest single‑day withdrawal since June, erasing four days of inflows and turning October into a net outflow month.
- Binance disclosed a roughly $6.3 billion security breach, said it has replenished about 90% of affected assets from company reserves, and announced plans to restart withdrawals in phases beginning November 1 subject to security checks.
- October’s market stress produced about $12.5 billion in forced liquidations across crypto markets, with long positions bearing roughly $9.2 billion of the losses and October 30 the single heaviest liquidation day.
- U.S. spot Ethereum ETFs logged a 23‑trading‑day outflow streak through October 30 and more than $1 billion of net redemptions in October even as blockchain staking set new records, while analytics firms estimated attacker‑linked wallets hold hundreds of thousands of ETH that could pose a supply risk if sold.
- BlackRock’s IBIT remained an outlier with about $932 million of October inflows, underscoring how a small number of large issuers can move spot supply through ETF creation and redemption mechanics and why future fund flows and exchange activity will be key to near‑term price stability.