Bitcoin ETF investors don run for market as ETFs bleed $643 million in just one day after $6.3 billion Binance hack wey shake crypto market on Oct 30, 2026.
According to Farside Investors data today Oct 31, US Spot Bitcoin ETFs record $643 million net outflow on Oct 30, na second worst day for this year.
BlackRock IBIT lead the selloff with $234 million outflow, Fidelity FBTC dump $187 million, while Grayscale and Ark follow with over $100 million each. Na panic after Binance confirm $6.3 billion security breach with $3.2 billion still missing.
The outflow come as Bitcoin crash to $77,148 down -4.78% and total crypto market lose $300 billion in October. Uptober wey suppose be green month turn to Rektober.
Ethereum ETFs also no smile, dem record $98 million outflow same day as fear spread from Bitcoin to altcoins.
Crypto Fear and Greed Index don drop to 30 from 72 last week, meaning extreme fear don enter market. Many investors dey move USDT to cold wallet instead of leaving for exchange.
Experts talk say the ETF selloff na normal reaction after big exchange hack, but e fit continue if Bitcoin break $75,000 support. If BTC hold $75k, ETF inflow fit return next week as BlackRock dey buy the dip historically.
For Nigeria traders, this na chance to watch, no be time to panic sell. Binance say user funds are SAFU and dem don freeze $3.1 billion already.
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