Crypto ETFs lost $311.9 million on October 8, according to CoinGlass. the chart is the 90-day net flow. October 8 is the red bar at the right edge. June had a deeper day, about −$739 million. September was the other way, with several days above $500 million and one near $1.45 billion. The latest bar is the first large outflow since mid-September. this print is the combined crypto ETF total on CoinGlass. A separate Lookonchain count for the same day had bitcoin funds at −$450 million and ether funds at −$120 million. The two sources do not match. One may be net of creations the other counts, or a different set of funds. The direction is the same. The size is not. an outflow is investors redeeming shares. The fund sells or delivers the coin to pay them. It is client money leaving, not the issuer selling its own holdings. The coin still has to be sold into the market. $311.9 million is the CoinGlass day. −$739 million is the June low on this chart. September’s inflows are still larger than this one bar. The next session shows whether it stands. #BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?# #Macro Insights# $BTC $XRP