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Bitcoinâ–Ľ Bearishâ—Ź Important

Bitcoin ETFs See $643M Outflow After Binance Hack

TradingGain NewsroomTradingGain Newsroom··02 Nov 2026, 06:46 UTC

Bitcoin ETFs saw $643 million leave on Friday, the first trading day after the Binance hack. It was the largest ETF outflow since June 25, and Bitcoin's 2026 gains are now barely positive. Traders may read this as a sign that investors are cautious after the hack.

BTCAt the time of writing, Bitcoin traded at $78,141 (+0.22% in 24h).Live price →

Why it matters

  • Investors pulled $643 million from Bitcoin ETFs on Friday, a sign of caution.
  • The outflow was the biggest ETF outflow since June 25 and came right after the Binance hack.
  • Bitcoin's year-to-date gain is barely positive, so this pullback weighs on sentiment.

What to watch next

Watch whether Bitcoin ETF flows turn positive again in the days after the Binance hack and how Binance responds.

This brief is written by TradingGain from public reporting by CoinDesk.Read original ↗
Bitcoin ETFs See $643M Outflow After Binance Hack
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Bitcoinâ—Ź Neutral

Binance hacker's stolen bitcoin sits idle as wallets get only sub-$1 messages

The 19 wallets holding 18,270 BTC taken in the Binance hack have received nothing of real value since Thursday. The only incoming payments were worth under a dollar each, and each carried a message, ranging from pleas for money to laundering offers and a token promotion. For traders, the lack of meaningful inflows means no clear new signal yet, but the stolen coins remain a possible source of future market movement.

TradingGain News summarises public reports in our own words and always links to the original source. Market Data stories are generated automatically from public exchange data. Nothing on this page is financial advice; always do your own research and use a stop-loss.