🚨 Bitcoin ETFs saw $773.5M in net outflows over two sessions. Are institutions reducing risk?
Bitcoin is hovering around $80.7K, while U.S. spot ETF flows remain negative.
📉 Key points:
Bitcoin ETFs saw about $635.6M in outflows on Oct. 22 and $137.9M on Oct. 23.
BTC is trading around $80K, with long liquidation pressure on Binance during the session.
The Oct. 27–28 FOMC meeting is the next major macro event.
In my view, this is a signal to be cautious, but it’s not enough to conclude that institutions are abandoning Bitcoin for the long term. Two sessions of outflows could reflect short-term risk reduction, and flows over the coming sessions will be more telling.
Do you think this is just a pullback ahead of the FOMC, or is institutional demand actually weakening?
Bitcoin is hovering around $80.7K, while U.S. spot ETF flows remain negative.
📉 Key points:
Bitcoin ETFs saw about $635.6M in outflows on Oct. 22 and $137.9M on Oct. 23.
BTC is trading around $80K, with long liquidation pressure on Binance during the session.
The Oct. 27–28 FOMC meeting is the next major macro event.
In my view, this is a signal to be cautious, but it’s not enough to conclude that institutions are abandoning Bitcoin for the long term. Two sessions of outflows could reflect short-term risk reduction, and flows over the coming sessions will be more telling.
Do you think this is just a pullback ahead of the FOMC, or is institutional demand actually weakening?
