Bitcoin ETFs see first 30-day net outflow since July amid price drop to $77K support.
US Bitcoin ETFs recorded their first net outflow in 30 days since late July, totaling minus $292 million as of October 26, signaling cautious institutional behavior amid a recent market decline. Bitcoin's price dropped 5.3% over the week, testing key support near $76,000 after failing to hold above $80,000. While outflows are modest compared to earlier this year and inflows have resumed recently, investors are closely watching ETF flows and price levels to gauge if institutional demand will stabilize or weaken further. Maintaining support above $76,000 and steady ETF inflows will be critical for Bitcoin's near-term outlook.
US Bitcoin ETFs recorded their first net outflow in 30 days since late July, totaling minus $292 million as of October 26, signaling cautious institutional behavior amid a recent market decline. Bitcoin's price dropped 5.3% over the week, testing key support near $76,000 after failing to hold above $80,000. While outflows are modest compared to earlier this year and inflows have resumed recently, investors are closely watching ETF flows and price levels to gauge if institutional demand will stabilize or weaken further. Maintaining support above $76,000 and steady ETF inflows will be critical for Bitcoin's near-term outlook.
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