Bitcoin is trading at $82 161, showing a weekly decline of 1.4% but a 1% increase over the last 30 days. Other major cryptocurrencies experienced sharper drops, with Ethereum falling 5.3% to $2 415, while BNB, Solana, XRP, Dogecoin, Hyperliquid, and Zcash declined between 3.3% and 13.2%.
The broader market saw steeper losses, as the top twelve weekly losers averaged a decline of more than 20%. Tokens such as Starknet, LayerZero, Pump.fun, Ethena, Fetch, Midnight, Canton, Jupiter, Filecoin, and Raydium recorded losses ranging from 17% to 45% over the past seven days.
Institutional products also faced significant outflows. Spot Bitcoin ETFs lost $228.4 million, and Ethereum ETFs saw outflows of $320.1 million, totaling $548.5 million for the week. Since the start of October, these combined products have recorded outflows of $1.86 billion.
Ethereum ETFs currently hold $14.5 billion in net assets against $12.9 billion in cumulative inflows. This leaves a margin of $1.6 billion before the product line potentially moves into an underwater position on a mark-to-market basis.
