
Bitcoin Spot ETF Weekly Inflows Collapse 90% to $241.1M
- —Weekly spot BTC ETF inflows totaled $241.1 million
- —Inflows fell about 90% week over week
- —Bitcoin price action remains in an uptrend
- —Spot demand thins despite the "Uptober" narrative
Why it matters: The sharp drop in ETF inflows removes a key source of demand and raises the risk of a BTC pullback in October.
Source: Coinotag