Bitcoin and Ether Weaken as ETF Buying Reverses Into Withdrawals

Bitcoin and Ether trade below Thursday morning’s prices after U.S. spot funds lost a combined $746.2 million, reversing the previous session’s buying. Bitcoin and Ether traded below Thursday morning’s prices on Friday after U.S. spot ETFs swung back to substantial withdrawals, reversing the previous session’s renewed buying. At approximately 05:21 UTC on October 23, Coinbase’s BTC-USD pair last traded at $81,678.24, a rolling change of -1.28%. ETH-USD was $2,399.06, with a rolling return of -1.52%. Ether remained below $2,400 and was weaker on the rolling measure. The completed fund session adds a new element to the pullback.