CryptoMediumUpdated•Originally published 3 November 2026•Updated 3 November 2026•
1 min read
Bitcoin ETFs See Record $1 Billion Outflow Following Binance Hack
Key Facts
1Net outflows from Bitcoin ETFs exceeded $1 billion over two business days following the Binance hack.
2ETFs recorded outflows of $643.2 million on October 30 and $398.6 million on November 2.
Net outflows from Bitcoin ETFs exceeded $1 billion over two business days following the breach of the Binance exchange. According to the Maeil Business Newspaper, ETFs recorded net outflows of $643.2 million on October 30, 2026, and $398.6 million on November 2, 2026.
The withdrawals followed a security breach at Binance on October 29, 2026, where hackers seized virtual assets valued at $6.3 billion. Alongside these institutional outflows, Bitcoin prices retreated to trade around the $76,000 level, amid heightened concerns regarding exchange security and crisis response capabilities.
Latest Updates · 1
- Notable·
Update: BlackRock's IBIT fund saw $405 million in outflows, while the total net assets for all Bitcoin ETFs reached $98.125 billion as of November 3, 2026.