U.S. Bitcoin ETFs See $449M Outflow as Ethereum ETFs Shed $284M

According to TechFlow, citing Lookonchain data, U.S. Bitcoin ETFs recorded a combined net outflow of 4,047 BTC on October 20, worth approximately $449.51 million at current market prices.Meanwhile, Ethereum ETFs also experienced heavy withdrawals, with 9 funds seeing a net outflow of 70,488 ETH, equivalent to around $284.28 million.The data underscores persistent investor caution following last week’s crypto market volatility and ongoing macroeconomic uncertainty surrounding the Federal Reserve’s rate policy and the U.S. government shutdown.