Bitcoin ETFs Record $773 Million in Two-Day Outflows as BTC Price Tests $80,000

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U.S.-listed spot Bitcoin exchange-traded funds recorded $137.94 million in net outflows on Oct. 23, following $635.49 million in withdrawals the previous day, bringing two-session outflows to $773.43 million. BlackRock recorded the largest outflow at $110.34 million, while Fidelity saw $31.78 million leave its fund and Morgan Stanley attracted $4.19 million in net inflows. Weekly flows nevertheless remained positive at approximately $228.2 million. Bitcoin traded near $80,550 amid elevated open interest, creating a risk that a break below $80,000 could trigger forced liquidations and accelerate a decline toward the 100-day moving average near $77,500.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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