US spot bitcoin ETFs post second straight week of net outflows
- —Outflows of $679M in Oct. 5–9 and $228.4M in Oct. 12–16
- —ETFs drew $23.2M of net inflows on Oct. 20
- —$261M left on Oct. 14; cumulative inflows stand at $56.96B
- —BTC trades near $82,500, with resistance at $85,000
Why it matters: Weekly ETF outflows cap fresh capital into BTC, and holding $82,500 decides whether a test of $80,000 follows.
Source: TokenPost