ETF Activity in Bitcoin: $327 Million Escaped

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in the USA spot Bitcoin $111,963.18 ETFThere was a net outflow of approximately 327 million dollars on October 13. It was seen that ETFs took profits in the price recovery following the harsh weekend sales. Highest unique entry BlackRock‘s IBIT, while Grayscale’s GBTC led the outflows. Bitcoin continues to seek balance after the historic liquidation shock, with a rise of over $115,000 as of the new week. The direction of the flows indicates that the corporate front reduces risk in the short term and adjusts its position by selling on stronger days.

Distribution of Flows in ETFs

SoSoValue According to the data, the total net outflow was at the level of 327 million dollars. IBIT alone attracted approximately $60 million in entries. On the same day, there was an outflow of 145 million dollars from GBTC. Status of flows to ETFs IBIT is preferred, legacy GBTCIt shows that the dissolution continues due to wage and structural reasons.

These figures are due to the sharp fluctuation following the record entry week at the beginning of October. ETF It also made visible the break it created in the flows. Although strong inflows continue on a weekly basis, daily outflows suggest that profit taking predominates in price reactions.

Latest Status of Bitcoin Price

BitcoinFollowing the historic liquidation on October 10-11, the price returned to the $112,000 range on October 14. CryptoAppsy According to data, the largest cryptocurrency is traded at $ 112,183. High volatility, reflected in the price chart, continues. Outflows simultaneous with the price recovery indicate that portfolio managers are prioritizing risk control with a sell-on-the-bulk approach and tactical rebalancing is in effect.

Daily fluctuations on the ETF side indicate that, in the broader picture, the institutional interest seen in the first week of October has not yet faded completely. However, the fragile structure of the market after the last liquidation shock shows that inflows and outflows may harden in the short term and ETF flows may feed volatility in the price.