📢 Cryptocurrency and Blockchain News! 🚀

- Spot Bitcoin ETFs saw significant outflows, breaking an eight-day streak of inflows. On October 1, Bitcoin fell below $62,000 amid tensions in the Middle East.

- According to SoSoValue, 12 spot Bitcoin ETFs lost $242.53 million, marking the largest daily outflow since September 3.

- Among funds, Fidelity’s FBTC led the way in outflows with $144.7 million, followed by 21Shares’ ARKB with $84.3 million.

- Despite the outflows, trading volume across the 12 Bitcoin ETFs reached $2.53 billion, highlighting continued interest in cryptocurrencies.

- Ethereum ETFs also saw outflows, losing $48.52 million. Grayscale's Ethereum Trust led the way with $26.6 million.

- At press time, Ethereum (ETH) was down 6.3%, trading around $2,474.

💬 Share your thoughts in the comments! What do you think is next for the market?