US spot Bitcoin ETFs bleed $487M in a day, worst since June 25
- —$487M outflow is the biggest since June 25 and sits 2.1 standard deviations from the norm
- —Average daily inflow over the past 90 days was about $92M
- —October has seen $166M in net outflows after $2.65B of inflows in September
- —Year-to-date net inflow is just $717M; cumulative since January 2024 launch is $57.33B
Why it matters: ETF demand was the main pillar of the August–September rally; its reversal removes a key buffer as oil prices climb and the Fed stays hawkish.
Source: 動區 BlockTempo