Money has flowed into Bitcoin ETFs for two days in a row — and October, which was bleeding, is now nearly back to break-even.
The facts: U.S. spot Bitcoin ETFs recorded net inflows of $176 million on Tuesday, Oct. 27 (SoSoValue data, reported by Cointelegraph, PANews, and TokenPost on Oct. 28). BlackRock’s IBIT led with $151 million, followed by Fidelity’s FBTC with $24.5 million, while the other 10 products saw no flows — none had outflows. Add Monday’s $110 million and the two-day total comes to $286 million, cutting October’s outflows to just around $26 million, after $774 million flowed out last Thursday and Friday. By contrast, Ether ETFs saw outflows of $60.2 million on Tuesday and $149 million over two days. The Fear & Greed Index is at 51, still neutral.
My take: this isn’t euphoria; it’s a selective return of institutional buyers — and the selectivity matters. BTC, at around $81,436 this afternoon, looks to me to be supported by these flows ahead of the Fed decision on Oct. 29 at 01:00 WIB, while ETH, which has seen outflows for four consecutive weeks, hasn’t shown the same signs. But two days haven’t reversed the trend: these flows have only filled the hole, not built an advantage.
What I’m watching: whether inflows continue on Wednesday and Thursday, and whether the Fed’s tone strengthens or undermines this institutional comeback.
What do you think — are these two days of inflows the start of institutions returning, or just a pause before outflows resume?
This is my analysis, not financial advice — always DYOR.
#ETFBitcoin #ArusInstitusional $BTC
The facts: U.S. spot Bitcoin ETFs recorded net inflows of $176 million on Tuesday, Oct. 27 (SoSoValue data, reported by Cointelegraph, PANews, and TokenPost on Oct. 28). BlackRock’s IBIT led with $151 million, followed by Fidelity’s FBTC with $24.5 million, while the other 10 products saw no flows — none had outflows. Add Monday’s $110 million and the two-day total comes to $286 million, cutting October’s outflows to just around $26 million, after $774 million flowed out last Thursday and Friday. By contrast, Ether ETFs saw outflows of $60.2 million on Tuesday and $149 million over two days. The Fear & Greed Index is at 51, still neutral.
My take: this isn’t euphoria; it’s a selective return of institutional buyers — and the selectivity matters. BTC, at around $81,436 this afternoon, looks to me to be supported by these flows ahead of the Fed decision on Oct. 29 at 01:00 WIB, while ETH, which has seen outflows for four consecutive weeks, hasn’t shown the same signs. But two days haven’t reversed the trend: these flows have only filled the hole, not built an advantage.
What I’m watching: whether inflows continue on Wednesday and Thursday, and whether the Fed’s tone strengthens or undermines this institutional comeback.
What do you think — are these two days of inflows the start of institutions returning, or just a pause before outflows resume?
This is my analysis, not financial advice — always DYOR.
#ETFBitcoin #ArusInstitusional $BTC