✉news BusinessCrypto first seen 6 d ago, last 5 d ago, peak #10
Bitcoin ETFs Shed Nearly $1 Billion in Two Weeks
Original: Bitcoin ETFs Shed Nearly $1 Billion in Two Weeks as Uptober Stays Red
US spot Bitcoin exchange-traded funds have seen roughly $1 billion in outflows over the past two weeks, defying the 'Uptober' pattern of October gains as Bitcoin trades down for the month. The sustained redemptions mark a sharp reversal from the strong institutional inflows earlier in the year, prompting analysts to question whether institutional appetite for Bitcoin is cooling.
Why now: A rare month of October losses combined with heavy ETF outflows is raising concerns about weakening institutional demand for Bitcoin.
BitcoinBitcoin ETFsUS Securities and Exchange Commission
Rank over time, top of the chart is #1. 10 snapshots from 6 d ago to 5 d ago.
Evidence
- Bitcoin ETFs Shed Nearly $1 Billion in Two Weeks as Uptober Stays Red · Decrypt
- Bitcoin ETFs Shed Nearly $1 Billion in Two Weeks as Uptober Stays Red · Yahoo Finance
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