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Bitcoin, Ethereum Funds Lost $513 Million Last Week
Yahoo Finance·2025-10-21 00:01

Bitcoin funds shed nearly 1billionlastweekfollowingtheOctober10liquiditycascade,withthedamagemostlyinU.S.listedfunds,accordingtoanewreportfromdigitalassetmanagerCoinShares.Bitcoinboremostoftheselloff,posting1 billion last week following the October 10 liquidity cascade, with the damage mostly in U.S.-listed funds, according to a new report from digital asset manager CoinShares. Bitcoin bore most of the sell-off, posting 946 million in outflows. The Oct. 10 crash has been widely linked to a threat from President Donald Trump to hike tariffs on Chinese goods by 100%. Bitcoin was recently trading for $111,016 after having gained 2.9% in the past 24 hours. But BTC was still lagging it ...