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Spot bitcoin ETFs see largest daily outflows in four months following record Binance hack

The Block·November 2, 2026·1 min read
Spot bitcoin ETFs see largest daily outflows in four months following record Binance hack

US spot bitcoin ETFs saw $643 million in outflows on Friday, the largest single-day withdrawal since June 25, following Thursday's record Binance hack. The sell-off reflects investor jitters after the exchange breach, marking a sharp reversal from recent inflows and signaling heightened risk aversion in the crypto market.

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