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Bitcoin ETFs saw $643M outflows after Binance hack, erasing a week of gains and pressuring crypto markets.

Market News
01 Nov 2026, 00:40 WIB
Blockonomi
View Source
Bearish
Bitcoin ETFs saw $643M outflows after Binance hack, erasing a week of gains and pressuring crypto markets.

Bitcoin ETFs experienced $643.33 million in outflows on Friday, wiping out four days of inflows and resulting in a net weekly outflow of about $202.6 million. The selloff followed the $6.3 billion Binance hack, which shook investor confidence and triggered withdrawals across major Bitcoin funds including BlackRock's IBIT and Fidelity's FBTC. Ether and Solana ETFs also posted significant outflows amid broader crypto market stress. Binance has replenished 90% of stolen assets and plans to resume withdrawals on November 1 after security checks. Bitcoin traded near $77,600 on Saturday, with traders watching key support and resistance levels for signs of stabilization or further decline.

Bitcoin ETF outflows following a major hack provide context for Pluang's market snapshot as of Nov 01, 2026 04:41 WIB: Among 50 major cryptocurrencies priced on Pluang, 33 rose and 16 fell today. Notably, Balancer (BAL) gained 11.14% to Rp16.297 with a typical hold time of 85 days, Basic Attention Token (BAT) rose 10.64% to Rp2.608 with 99% buy order activity and a 93-day hold time, while EOS.IO (EOS) increased 8.13% to Rp12.649 and is held typically for 87 days.

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