Bitcoin ETFs experienced $643.2M in outflows following a $6.4B Binance hack, marking the largest cryptocurrency exchange breach on record.

Security & Exploits · 2026-11-01

U.S. spot Bitcoin ETFs experienced $643.2 million in outflows on Friday, their largest single-day outflow of October, following a $6.4 billion breach at Binance on Thursday that marked the largest cryptocurrency exchange hack on record. The outflow erased a four-day inflow streak and left Bitcoin ETFs down roughly $516 million for the month. Ethereum ETFs extended losses to approximately $431 million over five days, while Bitcoin fell about 4 percent before stabilizing near $77,520 by Saturday, with traders on prediction markets turning bearish on both Ethereum and Solana.

Previously on Telem

Binance hacker converts 970,522 SOL worth 95.9M to BTC 2026-11-01
Binance hack funds worth $46.35M moved to unknown wallet 2026-11-01
Binance hacker liquidates 130 plus altcoins for $279M 2026-11-01
CZ credits FBI, Secret Service, IRS for freezing incident assets 2026-11-01
Bitcoin dropped 7.3% in October after key support breach 2026-11-01