🏦 BITCOIN ETFs PULL IN $118.8M AS BLACKROCK LEADS THE REBOUND
U.S. spot Bitcoin ETFs returned to positive flows on Tuesday.
The funds recorded approximately:
+$118.8 MILLION
in total net inflows on October 6.
BlackRock's IBIT dominated the session with:
+$122 MILLION
Other reported flows included:
• Morgan Stanley MSBT: +$7.8M
• Grayscale BTC: -$11.0M
• Most other funds: flat
The positive session came immediately after:
-$89.8M
of net outflows on October 5.
So institutional demand has flipped direction again.
Important:
One positive ETF session does NOT confirm a new trend.
Bitcoin ETF flows have been volatile over the past week.
But there is one notable detail:
BlackRock alone absorbed more than 80,000 range.
That means institutional buyers were still adding exposure even as the broader market faced pressure from:
• Higher Treasury yields
• A stronger dollar
• Rising oil prices
• Geopolitical uncertainty
Price tells us what Bitcoin is doing.
ETF flows tell us whether regulated capital is still willing to buy it.
Yesterday, the answer was yes.
@BitcoinNews
Post #12404
564
Forwarded from Bitcoin ™️ | BTC | News

- 👍 1
- 🗿 1