Bitcoin Tops $84K as ETF Inflows Slow to $64.8M Amid Yield Pressure
- —BTC gained 1.36% to $84,000 after touching $85,000 over the weekend
- —U.S. spot crypto ETFs took in $64.8 million Monday vs $330.8 million Friday
- —BTC ETFs: $31.07M, ETH ETFs: $17.1M, SOL ETFs: $12.7M, XRP ETFs: $3.96M
- —Bitcoin futures open interest dropped to a 2024 low of 628,000 BTC
Why it matters: Falling open interest and slowing ETF inflows point to reduced leverage heading into the fourth quarter, historically bitcoin's strongest period.
Source: Blockonomi