According to Decrypt, spot Bitcoin ETFs saw total net inflows of about $301 million this week, ending two consecutive weeks of net outflows.
But the pace was uneven: flows turned negative for the two days leading up to the weekend, keeping October’s cumulative total in net outflow territory. Weekly net inflows and monthly net outflows can both be true; there’s no contradiction, since one covers a week and the other the entire month.
Looking at the weekly figures alone could make this seem like a positive reversal. Decrypt’s report supports only the conclusion that the two-week run of outflows was interrupted; it isn’t evidence of a sustained return of capital. Whether the trend continues will depend on whether next week’s net inflows can offset the outflows from those two days. Readers can judge for themselves the difference between the source’s characterization and the actual fund-flow figures.
But the pace was uneven: flows turned negative for the two days leading up to the weekend, keeping October’s cumulative total in net outflow territory. Weekly net inflows and monthly net outflows can both be true; there’s no contradiction, since one covers a week and the other the entire month.
Looking at the weekly figures alone could make this seem like a positive reversal. Decrypt’s report supports only the conclusion that the two-week run of outflows was interrupted; it isn’t evidence of a sustained return of capital. Whether the trend continues will depend on whether next week’s net inflows can offset the outflows from those two days. Readers can judge for themselves the difference between the source’s characterization and the actual fund-flow figures.