Bitcoin ETF inflows slump 95.6% to $23.2 million as crypto ETF complex turns negative
- —Bitcoin ETF inflows fell to $23.2 million, down 95.6% day over day
- —Combined net outflow across US crypto ETFs reached $11.3 million
- —The prior session, October 19, saw $406.3 million in net inflows
Why it matters: The sharp slowdown in ETF demand points to weakening institutional appetite and raises the risk of a test of $80,000 support for bitcoin.
Source: Coinotag
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