【Market Update】Nearly $1 billion flowed out over two weeks, and Bitcoin spot ETFs are still waiting for Uptober to turn things around. Net outflows totaled $228.6 million this week and $681.1 million last week, for a combined total of about $909.7 million over the two weeks. October remains in net outflow overall. The continued exodus of funds suggests institutional buying support is weakening. A recovery in sentiment depends first on whether outflows can stop. Do you think this round of outflows is profit-taking, or are institutions proactively reducing risk?
(Source: Decrypt)
$BTC $ETH $BNB
#币安广场 #比特币 #ETF
⚠️Risk disclaimer: The above is for sharing market information only and does not constitute investment advice. Investing involves risks; please exercise caution.