💰 INSTITUTIONAL BITCOIN FLOWS ARE BACK IN FOCUS
US spot Bitcoin exchange-traded funds recorded approximately $21.1 million in net inflows on Friday, October 9.
The reported figure followed two sessions of substantial withdrawals.
BlackRock's IBIT was among the funds contributing positive flows.
Meanwhile, spot Ether ETFs reportedly recorded another day of net outflows.
The contrast highlights how institutional demand can differ between major cryptocurrencies.
One positive session does not establish a lasting accumulation trend.
Investors should compare daily flows with several weeks of data.
Bitcoin's next move will also depend on liquidity, macroeconomic conditions, and market positioning.
Institutional money matters, but consistency matters more.#EtherETFsExtendOutflowsToNineDays #EthereumSurpasses2500USDT #XRPLedgerPatchesXRPCreationBug #STRKRisesAbout20%In24Hours
US spot Bitcoin exchange-traded funds recorded approximately $21.1 million in net inflows on Friday, October 9.
The reported figure followed two sessions of substantial withdrawals.
BlackRock's IBIT was among the funds contributing positive flows.
Meanwhile, spot Ether ETFs reportedly recorded another day of net outflows.
The contrast highlights how institutional demand can differ between major cryptocurrencies.
One positive session does not establish a lasting accumulation trend.
Investors should compare daily flows with several weeks of data.
Bitcoin's next move will also depend on liquidity, macroeconomic conditions, and market positioning.
Institutional money matters, but consistency matters more.#EtherETFsExtendOutflowsToNineDays #EthereumSurpasses2500USDT #XRPLedgerPatchesXRPCreationBug #STRKRisesAbout20%In24Hours