US spot Bitcoin ETFs saw $681M in weekly outflows for Oct. 5–9
- —Weekly net outflow from US spot Bitcoin ETFs was about $681 million
- —Another roughly $65 million left the funds on Oct. 12
- —Glassnode puts the average ETF investor cost basis at $81,500
- —Below that, the next zone is $77,500, the True Market Mean
Why it matters: ETF outflows and the $81,500 cost-basis level are key markers; losing it could add to selling pressure on Bitcoin.
Source: TokenPost
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Markets · Oct 8Bitcoin ETFs Saw Outflows on Nearly Half of Trading Days This Year, but Still Ended With Net Inflows
Markets · Oct 3Bitcoin, Ethereum and Solana ETFs All Saw Outflows on the Last Day of the Quarter
Markets · Oct 12Crypto market rises for a fourth day: Bitcoin near $84K, ETF outflows hit $681M