Spot bitcoin ETFs see largest daily outflows in four months following record Binance hack

Kwon Crash

Published Nov 2, 2026, 8:44 AM UTC

Source: CryptoSource
- US spot Bitcoin ETFs hemorrhaged $643 million Friday, the largest daily outflow since June. The culprit? Thursday’s Binance hack. Investors are treating their portfolios like unsealed cargo, fleeing at the first sign of a data terrorist in the building. While regulators sip tea and draft useless guidelines, the market proves that "security" is just a suggestion to the Chrome Syndicate of retail panic. You thought your stack-eye was safe? It’s just another meat wallet getting drained by digital bandits. This isn’t a crash; it’s an aggressive passive income transfer from the naive to the vigilant. If you aren’t checking PoD seals on your exchanges, you’re not investing—you’re donating. Stay sharp, or stay broke.