U.S. spot Bitcoin ETFs recorded $484.9 million in net outflows on October 7, equivalent to approximately 5,670 BTC, with BlackRock’s IBIT leading withdrawals at $207.7 million. This single session represents a short-term warning signal, as five-day flows turned negative while 30-day and three-month totals remained strongly positive at +$1.76 billion and +$6.09 billion respectively. Across all tracked products, holdings stood at 1.28 million BTC, valued at $149.68 billion, representing 6.08% of Bitcoin’s 21 million supply cap. Analysts emphasize that one day is insufficient to establish a trend, and follow-through across upcoming sessions will be key to confirming an institutional demand reversal.
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