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U.S. Spot Crypto ETFs Pull Back as IBIT Posts Biggest One-Day Exit Since August

Analysts link the pullback to macro uncertainty, pointing to defensive positioning rather than a lasting retreat.

Overview

  • U.S. spot Bitcoin ETFs saw roughly $471 million in net outflows on Oct. 30, with none of the twelve funds posting inflows, according to SoSoValue.
  • Spot Ethereum ETFs recorded about $81.44 million in net redemptions the same day, while BlackRock’s ETHA stood out with net inflows.
  • BlackRock’s IBIT had about $290.88 million redeemed on Oct. 30, its largest single-day outflow since Aug. 4, per Decrypt’s report of SoSoValue data.
  • Weekly flows flipped negative at approximately $607 million out, yet October remained positive overall with about $3.61 billion in net inflows.
  • Risk appetite weakened as the 7-day 25-delta options skew dropped to -8 and the Fear & Greed Index slid to 34, even as a spot Solana ETF drew roughly $46.5 million.