๐ BTC ETFs saw $300 million in net inflows over a week, but two days of outflows wiped out 70% of that. What are investors thinking?
U.S. spot Bitcoin ETFs recorded approximately $301 million in combined net inflows last week (October 19โ23), ending two consecutive weeks of net outflowsโbut the ride was bumpy.
๐ Key points
โข Combined inflows of approximately $1.07 billion from Monday to Wednesday ($527 million on Monday and $525 million on Wednesday)
โข Outflows of approximately $636 million on Thursday and another $138 million on Fridayโa total of $774 million over two days, wiping out about 72% of the earlier inflows
โข Net outflows remain at approximately $314 million for October so far; Ethereum ETFs have seen cumulative net outflows of approximately $1.18 billion this month
โข BTC dipped about 1.1% on Friday, hovering around $80,000
๐ฏ Key levels
โข Support: $79,400 (recent low) โ $78,000
โข Resistance: $81,000 โ $82,000โ$84,000
๐ค What does this mean?
ETF flows are a barometer of institutional sentiment. The sharp shift from heavy inflows to heavy outflows in a single week suggests that big-money investors are also waiting for the Fed meeting on October 28. If funds flow back in this week, support at $80K could strengthen; if outflows continue, keep an eye on lower support levels. Either way, position sizing and leverage matter more than predicting market direction.
Do you think ETF flows will turn positive again this week, or will outflows continue? Let us know in the comments ๐
๐ Trade BTC: https://www.binance.com/zh-CN/trade/BTC_USDT
#ๆฏ็นๅธ #BTC #ETF #FederalReserve
โ ๏ธ This is not investment advice. Please be aware of the risks.
U.S. spot Bitcoin ETFs recorded approximately $301 million in combined net inflows last week (October 19โ23), ending two consecutive weeks of net outflowsโbut the ride was bumpy.
๐ Key points
โข Combined inflows of approximately $1.07 billion from Monday to Wednesday ($527 million on Monday and $525 million on Wednesday)
โข Outflows of approximately $636 million on Thursday and another $138 million on Fridayโa total of $774 million over two days, wiping out about 72% of the earlier inflows
โข Net outflows remain at approximately $314 million for October so far; Ethereum ETFs have seen cumulative net outflows of approximately $1.18 billion this month
โข BTC dipped about 1.1% on Friday, hovering around $80,000
๐ฏ Key levels
โข Support: $79,400 (recent low) โ $78,000
โข Resistance: $81,000 โ $82,000โ$84,000
๐ค What does this mean?
ETF flows are a barometer of institutional sentiment. The sharp shift from heavy inflows to heavy outflows in a single week suggests that big-money investors are also waiting for the Fed meeting on October 28. If funds flow back in this week, support at $80K could strengthen; if outflows continue, keep an eye on lower support levels. Either way, position sizing and leverage matter more than predicting market direction.
Do you think ETF flows will turn positive again this week, or will outflows continue? Let us know in the comments ๐
๐ Trade BTC: https://www.binance.com/zh-CN/trade/BTC_USDT
#ๆฏ็นๅธ #BTC #ETF #FederalReserve
โ ๏ธ This is not investment advice. Please be aware of the risks.
