U.S. spot $BTC ETFs have recorded three straight days of net outflows, with roughly $450 million leaving the funds between September 8 and 10.
This comes after a strong three-week period that brought about $3.8 billion into U.S. spot Bitcoin ETFs, making the recent withdrawals worth watching as a shift in short-term demand.
For me, the bigger clue is whether this becomes a longer trend or simply a short pause in institutional buying.
Broader U.S. markets have also faced pressure from rising oil prices, inflation concerns and changing expectations around Federal Reserve policy, creating a more cautious environment for risk assets.
Bitcoin is currently trading around the $77,000 area, so sustained ETF inflows could become an important confirmation for the next major move.
#ETFsOnFire #BitcoinETFs #Macro Insights#
This comes after a strong three-week period that brought about $3.8 billion into U.S. spot Bitcoin ETFs, making the recent withdrawals worth watching as a shift in short-term demand.
For me, the bigger clue is whether this becomes a longer trend or simply a short pause in institutional buying.
Broader U.S. markets have also faced pressure from rising oil prices, inflation concerns and changing expectations around Federal Reserve policy, creating a more cautious environment for risk assets.
Bitcoin is currently trading around the $77,000 area, so sustained ETF inflows could become an important confirmation for the next major move.
#ETFsOnFire #BitcoinETFs #Macro Insights#
