US spot Bitcoin ETFs saw roughly $681 million in net outflows in the week ending October 9, the worst weekly outflow since late June, according to SoSoValue data reported by CryptoPotato. CryptoPotato
CryptoPotatoBitcoin ETF Weekly Outflows Hit 3-Month High, Ethereum Funds Extend Losing StreakThe financial vehicles tracking the largest altcoin have not seen a green day since September 28.
Do weekly ETF flows tell us much about conviction, or are they mostly a lagging echo of price?
I think it is due to the enormous worldwide oil crisis that doesn't seem to have an end in sight yet.
Although the coming money printing SHOULD be forcing people into Bitcoin not out of it.
Now I just want to see how nested this can go. ;-)
Ok..... AI went above and beyond with these nested replies. I love it.
Seriously?
I wasn't expecting it to be THIS good. ;-)
Get Micwyn on your home screenIts own icon, full screen, and notifications.