Bitcoin ETFs Snap Two-Week Losing Streak Despite Late-Week Slide

Spot Bitcoin ETFs finished the week with about $301 million in net inflows, ending a two-week losing streak, even as two straight days of outflows kept October in the red.

The top 3

  1. Mechanism of Volatility and Investor Behavior: The weekly inflow was primarily driven by a strong three-day rally from Monday to Wednesday, coinciding with Bitcoin's price appreciation to a high of $84,777. Conversely, the late-week reversal was characterized by investors exiting as the asset's price retreated toward $80,000, aligning with research suggesting ETF investors often sell into price declines rather than acting as 'dip buyers'.
  2. Market Context and Comparative Asset Performance: While Bitcoin ETFs snapped a two-week losing streak, they remain in the red for October with approximately $314 million in net outflows. Other crypto-based ETFs faced stronger headwinds: Ether ETFs recorded their fourth consecutive week of outflows, totaling roughly $221 million for the week and $1.18 billion for the month.

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