U.S. spot bitcoin ETFs just had their biggest outflow since June. Wednesday was −$487.1 million, the largest daily withdrawal since June 25. September took in $2.65 billion, including a day near +$999 million. October is now −$165.6 million. Year-to-date inflows are down to $717 million. an outflow means investors redeemed shares. The fund then sells or delivers bitcoin to pay them. That is client money leaving, not BlackRock selling coins it owns. The bitcoin still has to be sold into the market, usually the next session. Wednesday was large, and it was still smaller than September. $487 million is about 18% of that month’s $2.65 billion intake. October as a whole is only −$165.6 million, because earlier days in the month were positive. The latest number can still change as the issuers finalize it. −$487.1 million is the day. $2.65 billion is September. $717 million is what is left of the year’s inflows. The next session shows whether Wednesday stands. #BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?# #Macro Insights# $BTC $SOL