🇺🇸 U.S. spot Bitcoin ETFs saw net outflows of about $679 million last week (10/5–10/9), reversing the inflow trend from the previous week.
📊 Daily:
• Monday: -$89.9 million
• Tuesday: +$119 million
• Wednesday: -$485 million (largest)
• Thursday: -$244 million
• Friday: +$21.1 million
📉 Biggest outflows: Fidelity FBTC (about -$380 million) and ARKB (about -$207 million). IBIT was roughly flat.
Overall flows have turned negative so far in October. Is institutional demand cooling in the short term?
#BitcoinETF #BTC #Cryptocurrency
📊 Daily:
• Monday: -$89.9 million
• Tuesday: +$119 million
• Wednesday: -$485 million (largest)
• Thursday: -$244 million
• Friday: +$21.1 million
📉 Biggest outflows: Fidelity FBTC (about -$380 million) and ARKB (about -$207 million). IBIT was roughly flat.
Overall flows have turned negative so far in October. Is institutional demand cooling in the short term?
#BitcoinETF #BTC #Cryptocurrency