Bitcoin Sinks Below $70K as ETFs Slip Into Red for the Year
Bitcoin fell below $70,000 early Friday, hitting its lowest level since Aug. 19 as U.S. spot bitcoin ETFs slipped into net outflows for the year. ETF flows turn negative U.S.-listed spot bitcoin ETFs are now in the red for 2026, with $1.56 billion in net outflows , according to SoSoValue data analyzed by CoinDesk. The funds were still up about $1.01 billion for the year on Oct. 29, before $643.3 million left on Oct. 30 alone. They lost another $643.6 million this week…