Markets· ★★★· bearish·

Bitcoin ETF inflows slow from $999M to $190.7M over four days

  • —US spot bitcoin ETF inflows: $999M on Sept 21, $714.7M on Sept 22, $346.9M on Sept 23, $190.7M on Sept 24
  • —Cumulative inflows from Sept 21 to Sept 24 reached $2.25 billion
  • —Santiment: $2.77 billion entered ETFs from Sept 17 to Sept 27, seven straight US trading days
  • —$14.7 million in BTC and ETH futures liquidated on OKX on Sept 27, 58% of it longs
Why it matters: Slowing ETF inflows weaken spot bitcoin demand support as rising US Treasury yields and long liquidations pressure prices.
Source: TokenPost