Markets· ★★★★· bearish·

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