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US spot Bitcoin ETFs post $643.2 million single-day outflow after Binance hack

U.S. spot Bitcoin ETFs shed $643.2 million on Friday, the first full trading session after attackers began draining roughly $6.4 billion from Binance, Decrypt reported. That was their biggest single-day outflow of October, erasing a four-day, $441 million inflow run and leaving the funds down about $202 million for the week and roughly $516 million for October.

Key facts

1 sourceMajor storyNew

BTC after this site detected it

  • 5 minutes+0.01%Gate · USDT
  • 1 hour+0.16%Gate · USDT
Source published First received Updated UTC

Claims and open questions

Evidence strength Single source

Only one publisher so far. Another independent outlet or an official source would raise it.

ImportanceMajor story

Security topic · core coin BTC

How recentVery recent

Fresh security news

What sources claim

  • Decrypt reported that U.S. spot Bitcoin ETFs lost $643.2 million on Friday, their biggest single-day outflow of October, after attackers began draining roughly $6.4 billion from Binance at 4:05 p.m. ET Thursday.
  • According to Decrypt, the selling erased a four-day, $441 million inflow run, leaving the Bitcoin funds down about $202 million for the week and roughly $516 million for October, with cumulative net inflows since launch at $57.4 billion.
  • Decrypt reported that Ether ETFs lost $155.7 million on Friday and Solana ETFs shed $10.8 million, while Bitcoin fell about 4% to roughly $76,400 on Friday and more than $1.3 billion in leveraged positions were liquidated.

Still unresolved

  • What the final scope of the Binance loss will be, and whether Binance's pledge to cover all losses with company funds and an emergency reserve is confirmed through an official statement or reserve disclosure.
  • Whether the $643.2 million Bitcoin ETF outflow figure is confirmed in the issuers' own daily flow reports.

Evidence levels describe source coverage, not the probability that a report is true. Price moves and their timing cannot establish a cause; minute samples show an observed interval and alert thresholds are heuristics. Explanations are model-assisted, with citations and figures checked. Source titles stay in their original language; full articles are not republished.

Source evidence

1
DecryptNews publisher
Bitcoin ETF Investors Head for the Exits After Record Binance Hack ↗

Published Nov 1, 2026, 16:01 · Received Nov 1, 2026, 16:03

Market reaction after detection

Measured from the sample nearest site detection, on the same source and quote currency.

Observed returns after site detection
WindowReturnActual sampled interval / source
5 minutes+0.01%Nov 1, 2026, 16:03 → Nov 1, 2026, 16:08 (UTC)
Gate · USDT
1 hour+0.16%Nov 1, 2026, 16:03 → Nov 1, 2026, 17:03 (UTC)
Gate · USDT

Timing does not establish causation. Methods and limitations →

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