Bitcoin ETFs still in the red for October despite Monday rebound
US spot Bitcoin ETFs stayed negative for October, with about $202 million in net outflows so far this month. Monday brought a rebound, but it was not enough to turn the monthly flows positive. Traders may read the ongoing outflows as a sign that institutional demand for Bitcoin ETFs is still weak.
Why it matters
- US spot Bitcoin ETFs have seen about $202 million in net outflows for October.
- Monday's rebound did not reverse the monthly outflow trend.
- Continued outflows can signal cautious demand from ETF investors.
What to watch next
Watch whether the Monday rebound continues in the next daily ETF flow data or whether outflows return.
