Spot bitcoin ETFs saw their largest daily outflows in four months after the record Binance hack. ETF flow is the cleanest read on institutional crypto appetite, and it flipped risk-off fast. Watch whe

What happened: US spot bitcoin ETFs recorded $643 million in net outflows on Friday, the largest single-day outflow since June 25, after Thursday's Binance hack. Key numbers: $643 million in outflows on Friday; largest since June 25. Why it matters: The outflow marks the biggest daily exit from these funds in about four months, following the Binance hack. Coverage: 3 outlets in 24h

US spot bitcoin ETFs recorded $643 million in net outflows on Friday, the largest single-day outflow since June 25, after Thursday's Binance hack.

The outflow marks the biggest daily exit from these funds in about four months, following the Binance hack.