US Spot Bitcoin ETFs Bleed $909M in Two Weeks, Worst Since April
- —$228M left ETFs in the week of October 12–16, after $681M the prior week
- —Two-week outflows of $909M mark the biggest retreat since April
- —Nearly $1B in positions liquidated on October 15 across BTC, ETH and XRP
- —BTC ended the week near $81,400
Why it matters: A second straight week of institutional selling adds pressure on Bitcoin around the $80,000 level.
Source: Bitcoinist