Spot Bitcoin ETF records net inflows of 102 million USD on 1/10, reversing from net outflows of 148 million USD in the previous session, even though flows between funds remain divergent.
Bitcoin exceeds 85,000 USD on 2/10 and is trading around 86,272 USD at the time of recording. ETF capital inflows recover alongside the uptrend, but the Aroon indicator still reflects weak momentum, meaning the ability to hold this price level needs to be monitored.
MAIN CONTENT
IBIT leads the listed funds with inflows of $195 million.
Net flows in the spot market shifted from positive $353 million to negative $67 million.
BTC is up 3.3% on the day, but Aroon Up is only around 21% after 11 consecutive days of decline.
Bitcoin ETF flows reversed, but remain mixed
Spot Bitcoin ETFs switched to net inflow of $102 million on 1/10. However, all five funds still recorded withdrawals, while IBIT, GBTC, and MSBT saw net inflows.
Onchain Lens recorded inflows into Bitcoin ETFs in early October, with BlackRock’s IBIT receiving $195 million, Grayscale’s GBTC receiving $14 million, and Morgan Stanley’s MSBT receiving $7 million. The total outflows from the other five funds were recorded at $24 million.
Recorded Bitcoin ETF flows Fund or group of funds Time Flow IBIT of BlackRock 1/10 Inflows of $195 million GBTC of Grayscale 1/10 Inflows of $14 million MSBT of Morgan Stanley 1/10 Inflows of $7 million Five funds recorded withdrawals 1/10 Total withdrawals of $24 million Spot Bitcoin ETFs, total net flow 1/10 Net inflow of $102 million Spot Bitcoin ETFs, total net flow Previous session Net inflow of $148 million Spot Bitcoin ETFs, total net flow End of weekend of 25/9 Net inflow of more than $2.5 billion
The figures for each fund listed do not match the reported total net inflow of $102 million. It is not yet clear whether the discrepancy comes from the scope of statistics or from inflows that have not been listed.
Source: Sosovalue
Spot inflows turned negative
Bitcoin’s spot net inflow fell to negative $67 million at the time of recording, down from a positive $353 million the previous day. This development occurred at the same time as ETF flows returned to net inflow.
Bitcoin spot net flow fluctuations Indicator Time Value Spot net flow Previous day Positive $353 million Spot net flow At the time of recording Negative $67 million
Source: CoinGlass
Bitcoin surpasses $85,000, but the upward momentum is still weak
Bitcoin surpassed $85,000 on 2/10 and was trading around $86,272, up 3.3% on the day. The indicators are leaning toward an uptrend, but momentum is still relatively weak.
Bitcoin hit a weekly high of $86,912 before pulling back to $86,272. ETF flows recovered, and expectations for an “Uptober” period—i.e., expectations that Bitcoin will rise in October—are seen as factors that could support this rally; there is no basis yet to determine the separate contribution of each factor.
Aroon Up fluctuated around 21% after 11 consecutive days of decline. Therefore, the current price upswing is still accompanied by limited trend strength signals.
Bitcoin price, indicators, and key levels in the scenarios mentioned Indicator or price level Value Interpretation BTC price at the time of recording $86,272 Up 3.3% on the day Weekly high of BTC $86,912 Reached before the price pulled back to $86,272 Aroon Up Around 21% Declined over 11 consecutive days Key closing level to watch $85,000 Ability to close above this level is the condition given for the upward move Upside scenario targets $88,000 and $90,000 Set if inflows continue to be maintained Downside scenario level $82,000 Could be retested if BTC does not close the day above $85,000
Source: TradingView
The bullish scenario suggests Bitcoin could return to $88,000 and then target $90,000 if inflows can be maintained. Conversely, if BTC does not close the day above $85,000, the price may test back at $82,000. These are conditional scenarios—none has been confirmed yet.
Summary
Spot Bitcoin ETFs recorded positive net inflows again, while BTC surpassed $85,000. However, flows among funds remain mixed; the component data does not match the overall disclosed totals, and the Aroon Up is still weak. The ability to maintain inflows at the same level as the day’s close above $85,000 is a point to watch.
Source: https://tintucbitcoin.com/etf-bitcoin-hut-102-trieu-usd-vi-sao-85-000-usd-quan-trong-luc-nay/
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