Spot Bitcoin and Ethereum ETFs Both Saw Outflows on October 8. $BTC funds lost $450 million on the day. $ETH funds lost $120 million, and the week is worse for Ether. According to Lookonchain, the Bitcoin outflow is spread across the large issuers, while BlackRock’s IBIT is still positive over seven days. Ether is different. BlackRock’s ETHA is most of the day’s coin outflow, and the seven-day Ether total is already close to half a billion dollars. Key Details: > Bitcoin 1-day: −5,461 BTC, −$449.8 million. > Bitcoin 7-day: −1,951 BTC, −$160.7 million. > IBIT 7-day: +3,788 BTC, against a −2,491 BTC day. > Ether 1-day: −47,511 ETH, −$120.4 million. > Ether 7-day: −191,540 ETH, −$485.3 million. > ETHA 1-day: −45,249 ETH. One red day does not end the Bitcoin fund bid. The Ether week is a clearer exit. Holdings are still 1.28 million BTC and 5.94 million ETH. ETF Flows, Oct 8: $BTC −$450M on the Day. $ETH −$485M on the Week. #BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?# #Ethereum ETFs, stay tuned?#