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Mmastodon BusinessCrypto first seen 1 d ago, last 1 d ago, peak #6

US Bitcoin ETFs shed 8,000 BTC in October

Original: On-Chain & Angebot 📊 Verkäufer dominierten zuletzt bei # Bitcoin : US-Spot-ETFs verzeichnen im Oktober 8.000 BTC Abflüss

US spot Bitcoin ETFs recorded outflows of around 8,000 BTC in October, with on-chain data showing sellers in control of the market. Despite continued buying by crypto treasury companies and MicroStrategy's Michael Saylor, selling pressure from miners such as MARA, which offloaded roughly 1,000 BTC, and long-dormant whale coins weighed on prices. Commenters are debating whether institutional outflows signal fading demand or a temporary pause.

Why now: Bitcoin's price weakness and heavy ETF outflows are currently a major talking point among crypto market watchers

BitcoinUS spot Bitcoin ETFsMicroStrategyMichael SaylorMARA

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