US Spot Bitcoin ETFs See $202.4 Million Net Inflows on October 28

US Spot Bitcoin ETFs See $202.4 Million Net Inflows on October 28

US spot Bitcoin ETFs logged $802 million in net outflows over the past week, with $25 billion in trading volume and peak activity at $109,881 per Bitcoin.

BTC

Fact Check
The assessment is based on the convergence of evidence from the most authoritative and relevant sources. The two primary sources, Farside Investors and The Block, are described as direct data dashboards for U.S. Bitcoin ETF flows. With authority scores of 0.95 and 0.90 and relevance scores of 0.95 each, they represent the definitive sources for verifying the specific claim. A third source, a news brief from KuCoin, directly corroborates the statement by reporting a rounded figure of '$202M Inflows on October 28'. While this source has a lower authority rating (0.40), its high relevance (1.00) provides strong supporting evidence. The remaining sources are either irrelevant because they cover different assets (Solana, Ethereum), different topics (miner production), or different dates, or they are too general to verify the specific daily figure. Crucially, there is no conflicting evidence among the provided sources. The existence of multiple high-authority primary data sources, backed by a corroborating secondary source, makes the statement highly probable.
Summary

For the week ending November 3, US spot Bitcoin ETFs recorded $802 million in net outflows, while total trading volume reached $25 billion. The most actively traded price point during the period was $109,881. The outflow continues a trend of investor withdrawal from Bitcoin ETFs seen in late October, reflecting sustained market caution.

Terms & Concepts
  • Bitcoin spot ETF: An exchange-traded fund that directly holds Bitcoin, aiming to reflect its spot market price without using derivatives.