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Bitcoin ETFs Face Roughest Run Since April as Banks Stay Shut

Published Source: BitcoinistRead original

Crypto Insight Summary: Institutional appetite faded fast. Spot Bitcoin ETFs in the US saw roughly $228 million of net withdrawals between October 12 and 16, following $681 million the week before, for a two-week total of $909 million. That is the biggest pullback since April. Price action matched the mood: Bitcoin slid under $82,000, with about $771 million […] Crypto Insight Analysis: Direction: Bearish BTC Impact: Major Impact Horizon: Short-term (1-3 days) Reasoning: Massive ETF outflows and price drop signal institutional selling pressure.

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