From a chip/position-layer perspective:
Bitcoin spot ETF saw net outflows of $41.49 million on October 8, continuing for 2 straight days.
ETF fund flows are one of the few datasets that clearly shows traditional capital activity:
· Inflows = the fund buys spot in the secondary market
· Outflows = the fund sells spot
This day belonged to the seller—watch to see whether it’s a one-off or a continuous move.
$BTC 24h -1.77%, let’s observe first.
#BTC
Personal observations only, not investment advice.
Bitcoin spot ETF saw net outflows of $41.49 million on October 8, continuing for 2 straight days.
ETF fund flows are one of the few datasets that clearly shows traditional capital activity:
· Inflows = the fund buys spot in the secondary market
· Outflows = the fund sells spot
This day belonged to the seller—watch to see whether it’s a one-off or a continuous move.
$BTC 24h -1.77%, let’s observe first.
#BTC
Personal observations only, not investment advice.