**Bitcoin ETFs: pause or the start of risk aversion? 📉**
For the week ended October 11, U.S. spot Bitcoin ETFs recorded **678.9 M$ in net outflows**. Ether ETFs lost **$542.2M**.
But let’s look at the context:
▪️ ETF assets under management fell by only about **2%**
▪️ Bitcoin dominance edged up
▪️ This looks more like **risk reduction** than a complete exit from BTC
A pullback isn’t capitulation.
**What to watch over the next 1 to 2 weeks:**
1️⃣ ETF flows: a return to inflows, or continued outflows?
2️⃣ Macroeconomic data
Prolonged outflows alongside an unfavorable macro backdrop would confirm a more defensive phase. A return to inflows, on the other hand, would suggest this was just a pause.
Method: observe the flows, verify, then draw conclusions.
#bitcoin #BTC #etf #Ethereum
For the week ended October 11, U.S. spot Bitcoin ETFs recorded **678.9 M$ in net outflows**. Ether ETFs lost **$542.2M**.
But let’s look at the context:
▪️ ETF assets under management fell by only about **2%**
▪️ Bitcoin dominance edged up
▪️ This looks more like **risk reduction** than a complete exit from BTC
A pullback isn’t capitulation.
**What to watch over the next 1 to 2 weeks:**
1️⃣ ETF flows: a return to inflows, or continued outflows?
2️⃣ Macroeconomic data
Prolonged outflows alongside an unfavorable macro backdrop would confirm a more defensive phase. A return to inflows, on the other hand, would suggest this was just a pause.
Method: observe the flows, verify, then draw conclusions.
#bitcoin #BTC #etf #Ethereum