Markets· ★★★★· bearish·

Spot Bitcoin ETFs log $21M inflow after $681M weekly outflow

  • —Spot Bitcoin ETFs saw a net inflow of $21.13 million, led by BlackRock's IBIT
  • —Weekly outflows reached $681 million, the biggest in more than three months
  • —Derivatives positioning tilts short, with negative 30- and 180-day open interest deltas for Ethereum
  • —Bitcoin liquidity clusters sit near $89K, $79K and $74K
Why it matters: The divergence between weak spot demand and rising short positioning threatens the "Uptober" rally and makes CPI the key catalyst this week.
Source: AMBCrypto