Red numbers on the ETF tape: US spot Bitcoin ETFs saw $484.9M in net outflows on Oct 7, the biggest single-day exit since late June. BlackRock IBIT led with $207.7M out, followed by Fidelity FBTC at $105.1M and ARK ARKB at $101.7M. Ethereum ETFs faced the same pressure — $160.9M left in a day, extending their outflow streak to seven straight sessions. Context matters: this came after a sharp five-day cool-down from the mid-September inflow frenzy ($341.7M per day), and with BTC trading below the estimated $84,318 average cost of ETF holders, some redemptions look like loss control, not panic. Institutional demand is not gone, but it is clearly on pause. Not financial advice.
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ETF fund flows are sending a warning signal: On Oct 7, the 12 US spot Bitcoin ETFs saw $484.9M in net outflows in a single day, the largest daily outflow since June 25. BlackRock’s IBIT led with $207.7M in outflows, followed by Fidelity’s FBTC and ARK’s ARKB at $105.1M and $101.7M, respectively. Ethereum ETFs also saw $160.9M in outflows that day, marking their seventh consecutive trading session of outflows. After the mid-September frenzy of average daily net inflows of $341M, this cooldown is not unexpected. More importantly, BTC’s current price has fallen below the estimated average cost basis of ETF investors, around $84,318, so some redemptions look more like stop-loss exits than panic selling. Institutional demand has not disappeared; it has simply hit pause. Not investment advice; for reference only.
$BTC $ETH #比特币 #以太坊 #ETF #BitcoinETF
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ETF fund flows are sending a warning signal: On Oct 7, the 12 US spot Bitcoin ETFs saw $484.9M in net outflows in a single day, the largest daily outflow since June 25. BlackRock’s IBIT led with $207.7M in outflows, followed by Fidelity’s FBTC and ARK’s ARKB at $105.1M and $101.7M, respectively. Ethereum ETFs also saw $160.9M in outflows that day, marking their seventh consecutive trading session of outflows. After the mid-September frenzy of average daily net inflows of $341M, this cooldown is not unexpected. More importantly, BTC’s current price has fallen below the estimated average cost basis of ETF investors, around $84,318, so some redemptions look more like stop-loss exits than panic selling. Institutional demand has not disappeared; it has simply hit pause. Not investment advice; for reference only.
$BTC $ETH #比特币 #以太坊 #ETF #BitcoinETF