Markets· ★★★★· bearish·

Bitcoin ETFs Take In $424 Million Over Three Days as BTC Slips Below $80,000

  • —Three-day ETF inflow totaled $424 million, almost all through BlackRock's IBIT
  • —Funds lost $635.6 million on October 22, the biggest outflow since June
  • —The 12 funds hold $104.9 billion, about 6.4% of all Bitcoin by value
  • —More than $350 million in leveraged crypto bets were liquidated in 24 hours
Why it matters: ETF demand returned but failed to hold price, with a December hike priced at 77–79% and BTC still hostage to tech stocks.
Source: Coinspeaker