U.S. Spot Bitcoin ETFs Post Over $261 Million in Outflows Led by FBTC and IBIT

U.S. spot Bitcoin exchange-traded funds recorded net outflows of $261 million to $261.4 million on October 14, driving broad crypto ETF redemptions. Withdrawals were led by Fidelity's Wise Origin Bitcoin Fund (FBTC) with $152.7 million in outflows and BlackRock's iShares Bitcoin Trust (IBIT) with $110.9 million, while Bitwise's BITB bucked the trend with a $2.2 million inflow. Spot Ether ETFs also logged $129.5 million to $130 million in net outflows, led by $110 million from BlackRock's ETHA. Combined Bitcoin and Ether ETF outflows totaled $390.5 million for the session.