Bitcoin ETF Outflows Reverse Four Days of Inflows After Hack

TLDR: Bitcoin ETF outflows totaled $643.33 million on Friday, wiping out four sessions of inflows and leaving the week in negative territory. BlackRock’s IBIT and Fidelity’s FBTC led a broad retreat, with five major Bitcoin funds recording withdrawals during the session. Ether and Solana ETFs also posted outflows, while Bitcoin traded near $77,600 on Saturday after the market’s response to the breach. Binance says it has replaced 90% of affected assets and aims to restart withdrawals on November 1 following security checks. Bitcoin ETF outflows reached $643.33 million on Friday, ending four consecutive days of inflows.