Bitcoin ETFs drew $2.06B in three days, but BTC failed to hold $87K
- —ETF net inflows totaled $2.06B over Sept 21–23
- —Daily inflows fell from $999M to $347M (-65%)
- —IBIT took in $381.4M on Sept 21 and $166.3M on Sept 23
- —BTC slid from $87,273 to $83,527; ~$280M in longs liquidated
Why it matters: ETF inflows failed to keep BTC above $87,000, casting doubt on the strength of institutional demand.
Source: TokenPost