Daily and cumulative figures should be viewed separately. On October 8, spot Bitcoin ETFs saw net outflows of $41.49 million, while cumulative net inflows stood at $57.31 billion and total assets at $106.848 billion.
Daily flows reflect sentiment; cumulative assets reflect the trend. A single day of outflows doesn't change the long-term picture—unless redemptions continue for several weeks. $BTC Let's keep an eye on it for now.
#BTC
Just my personal perspective; it may not be accurate. Please take it with a grain of salt.
Daily flows reflect sentiment; cumulative assets reflect the trend. A single day of outflows doesn't change the long-term picture—unless redemptions continue for several weeks. $BTC Let's keep an eye on it for now.
#BTC
Just my personal perspective; it may not be accurate. Please take it with a grain of salt.