Markets· ★★★· bearish·

US spot Bitcoin ETFs see $65.4M daily outflow, all of it from BlackRock's IBIT

  • —US spot Bitcoin ETFs posted a $65.4 million net outflow on October 12
  • —BlackRock's IBIT accounted for the full daily outflow of $65.4 million
  • —Total Bitcoin ETF net assets reached $106.06 billion, 6.35% of BTC market cap
  • —IBIT's cumulative inflows hit $65.67 billion; all ETFs combined, $57.04 billion
Why it matters: Outflows from the largest fund point to institutional caution ahead of the US CPI print on October 14.
#BTC
Source: PANews
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