𝗕𝗶𝘁𝗰𝗼𝗶𝗻 𝗘𝗧𝗙𝘀 𝗷𝘂𝘀𝘁 𝗵𝗮𝗻𝗱𝗲𝗱 𝗯𝗮𝗰𝗸 $485M 𝗶𝗻 𝗮 𝘀𝗶𝗻𝗴𝗹𝗲 𝘀𝗲𝘀𝘀𝗶𝗼𝗻.
US spot $BTC ETFs saw net outflows of about $484.9M on Oct 7, per Farside. IBIT led with $207.7M out, followed by FBTC at $105.1M and ARKB at $101.7M.
That flips a $118.8M inflow day right before it, and lines up with BTC slipping to around $82.6K this morning.
One heavy day isn't a trend. Two or three in a row would be. Watch today's print.
Dip being sold, or just a shakeout?
NFA.
#BitcoinETF #Bitcoin
US spot $BTC ETFs saw net outflows of about $484.9M on Oct 7, per Farside. IBIT led with $207.7M out, followed by FBTC at $105.1M and ARKB at $101.7M.
That flips a $118.8M inflow day right before it, and lines up with BTC slipping to around $82.6K this morning.
One heavy day isn't a trend. Two or three in a row would be. Watch today's print.
Dip being sold, or just a shakeout?
NFA.
#BitcoinETF #Bitcoin