#SpotBitcoinETFsShed261M $BTC $ETFT.ETF flows flipped red: US spot Bitcoin ETFs saw a $261.46M net outflow on Oct 14, right after a $175.62M inflow the day before. Fidelity FBTC led the exits (-$152.7M), then BlackRock IBIT (-$110.9M). Only Bitwise BITB added money (+$2.2M).
Context matters: $261M is under 1% of the roughly $100B+ these funds hold, so one day is not a trend.
What I'm watching: the $80.4K support. On Binance spot, BTC wicked down to $79.8K today and was back near $82.2K at my last check. A daily close below $80.4K would change the picture.
Do ETF flows lead price, or follow it? Vote below 👇 Not financial advice.
Context matters: $261M is under 1% of the roughly $100B+ these funds hold, so one day is not a trend.
What I'm watching: the $80.4K support. On Binance spot, BTC wicked down to $79.8K today and was back near $82.2K at my last check. A daily close below $80.4K would change the picture.
Do ETF flows lead price, or follow it? Vote below 👇 Not financial advice.
FLOW
FOLLOW
20 heure(s) restante(s)