Bitcoin spot ETFs see $21M in net inflows on October 9
U.S. spot bitcoin ETFs returned to net inflows on Oct. 9, with multiple reports putting the daily total at about $21 million. One report also said the session reversed a $244.1 million outflow from the prior day, while another said the five-day flow stayed negative at $678.9 million.
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What it means
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In practice, the Oct. 9 session did not restore the recent picture of steady strength, because the five-day flow total remained negative at $678.9 million. What changed was the direction for that day; what stayed the same was that the recent stretch still showed more money leaving than entering.
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