Based on Coinotag, Bitcoin ETF outflows totaled less than $1 billion in the month following October’s 20% market crash, showing resilience among institutional investors. Long-term holders sold over 400,000 BTC near $100,000, but ETF inflows, including $240 million on Thursday alone, provided stability. Analysts note that ETF investors, including registered investment advisors and pensions, have shown steady interest, with surveys indicating nearly half plan to increase exposure to crypto ETFs.
Bitcoin ETF Outflows Stay Below $1 Billion Despite October Crash
CoinotagShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.