Bitcoin ETFs: $526M Outflows as BTC Drops 4.4%

Bitcoin ETFs recorded $526.4M in net outflows across October 7-8 as BTC declined 4.4% from $85.55K to $81.75K.

October 7 saw the bulk at -$484.9M while October 8 added -$41.5M from four of twelve funds, with that day's figures remaining preliminary.

Price action on the 4h chart shows BTC at $81746.22 inside the Bollinger band with upper resistance at $87109.58 and lower support at $80593.06. The bearish structure holds as price sits below EMA50 at $84043.94 and EMA200 at $82174.96, while MACD at -921.76 confirms the death cross and RSI at 31.29 stays neutral. Traders now watch for a test of lower band support near $80593 before any relief toward the 50-EMA confluence zone.