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XRP ETFs gained $8.2 million while Bitcoin and Ethereum funds lost $317 million on October 8. Is this inflow the start of a trend?
US spot Bitcoin ETFs just had a rough couple of days. A widely shared post on X put net sales at $702 million through Thursday, while daily flow data shows approximately $729 million leaving the funds across October 7 and 8.The asset traded between $81,500 and $83,000 during this period.The selling…
Positive ETF inflows coincided with $143 million in Bitcoin futures liquidations. Different market windows leave a complete leverage reset unproven.