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Forwarded from Bitcoin ™️ | BTC | News

🏦 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
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