US Spot Bitcoin ETFs Log $386.3M Net Outflows in October's First Seven Trading Days
- —Net outflows from US spot BTC ETFs hit $386.3M over seven trading days in October
- —The outflows wiped out the positive flows seen at the start of the month
- —Bitcoin trades near $84,000, up 0.8% in 24 hours
Why it matters: Sustained ETF outflows point to weak institutional demand and could cap bitcoin's upside.
Source: Coinotag