The much-anticipated “Uptober” rally is facing a test as both Bitcoin and Ethereum spot exchange-traded funds (ETFs) recorded heavy outflows, dampening market sentiment that had built around October’s historically bullish trends. According to SoSoValue data, Ethereum spot ETFs saw $145.68 million in net outflows on October 20, marking their third consecutive day of withdrawals. Total Ethereum Spot ETF History Data Source: SoSoValue Bitcoin spot ETFs followed with a $40.47 million net outflow, extending ...