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Prices as of 2026-11-01 17:02 UTC. Source: CoinGecko.
Friday’s pullback erased a four-day $441 million inflow run and left October down about $516 million, the report said.
Bitcoin ETF outflows hit $643.2 million on Friday, the report’s ETF tracker showed, the funds’ first full session since attackers began draining roughly $6.4 billion from Binance after U.S. markets closed on Thursday.
The pullback erased a four-day, $441 million inflow run and left the week down about $202 million and October down roughly $516 million, according to the report. Set against $103.2 billion of total net assets, the day’s outflow was about 0.62%, and $643.2 million against $441 million is roughly 1.46 times.
Ethereum funds lost $155.7 million on Friday, extending a five-day outflow streak to about $431 million and pushing October losses to roughly $1.61 billion, the report said. $431 million over five sessions is about $86 million per day. Solana ETFs shed $10.8 million Friday, their fifth straight day of outflows, totaling about $72 million for the week, with net inflows on only two days in October.
Spot crypto ETFs hold the underlying asset and trade on stock exchanges like ordinary shares. Because issuers report flows daily and much of the money comes from institutions and financial advisers, the report said the figures are a closely watched gauge of investor positioning.
Crypto prices retraced then steadied, according to the report. Bitcoin fell about 4% to roughly $76,400 on Friday before settling near $77,520 on Saturday, up 0.5% over 24 hours but down 3.3% on the week. Ethereum traded near $2,251, down 3.9% for the week, and Solana near $96, down 4.5%, with total market value around $2.7 trillion.
The report said Binance pledged to cover all losses with company funds and an emergency reserve, while Tether and Circle froze more than $2.3 billion in stolen stablecoins. It also said some Wall Street firms urged clients to buy crypto-linked stocks on perceived weakness.
Macro remained a drag, the report said. The Federal Reserve held rates at 3.75% to 4% on Wednesday, with two officials voting for a hike, and traders had priced odds above 70% for an increase in December.
On prediction platform Myriad, the report said traders turned bearish on Ethereum and Solana. It put the chance of Ethereum falling to $1,500 before reaching $3,000 at 51.3%, from 61.3% favoring the upside a week earlier, and Solana’s odds of hitting $40 before $160 at 53.7%.
Source: Decrypt.
This article was written with AI assistance and reviewed by an editor.
This content is for informational purposes only and does not constitute financial advice.
🧠 HafidWatch Take
Friday’s large Bitcoin ETF outflows, coinciding with the Binance attack, suggest heightened investor caution that could prolong volatility in the crypto market. Given continued macroeconomic pressures and growing bearish sentiment around Ethereum and Solana, the episode may accelerate shifts in asset allocation among institutional investors, potentially affecting fund flows and prices in the weeks ahead.
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