US spot Bitcoin ETFs recorded $292 million in net outflows over the 30 days through Oct. 26, their first negative 30-day reading since late July.
The deficit remains shallow, and inflows have returned this week. The shift marks a break in the funds' recent flow trend, but the latest inflows suggest selling pressure has not continued uninterrupted.
Frequently asked questions
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How much did US spot Bitcoin ETFs lose over the 30 days through Oct. 26?
They recorded $292 million in net outflows over the 30-day period.
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When was the previous negative 30-day flow reading?
The reading was the first net outflow over 30 days since late July.
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Does the $292 million outflow indicate a large deficit?
The deficit was described as shallow.
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Have ETF inflows continued into this week?
Inflows have returned this week after the 30-day reading turned negative.
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What flow trend will investors be watching?
Investors will be watching whether inflows persist and reverse the 30-day deficit.
Glassnode