Crypto ETFs Post $26.15M Weekly Outflow
- —Weekly net outflow from crypto ETFs reached $26.156 million
- —Monthly inflows stand at $3.219 billion, quarterly at $10.219 billion
- —September 30 saw a $220.80 million outflow; October 1 returned $50.27 million
- —Total crypto ETF assets under management hit $125.517 billion
Why it matters: The shift from weekly inflows to outflows points to a pause in institutional demand, weighing on bitcoin's price.
Source: The Crypto Times