Bitcoin’s rebound is challenging the ETF-flow narrative.
CoinDesk reported $BTC trading near $84,050 on October 12, despite U.S. spot Bitcoin ETFs recording approximately $681 million in net outflows the previous week—their largest weekly withdrawal since June.
Lower oil prices coincided with the recovery, but institutional fund flows remain cautious.
The divergence shows why short-term price strength doesn’t necessarily signal renewed institutional demand.
CoinDesk reported $BTC trading near $84,050 on October 12, despite U.S. spot Bitcoin ETFs recording approximately $681 million in net outflows the previous week—their largest weekly withdrawal since June.
Lower oil prices coincided with the recovery, but institutional fund flows remain cautious.
The divergence shows why short-term price strength doesn’t necessarily signal renewed institutional demand.