Bitcoin ETFs: October Outflows Reach $24.4M
Bitcoin ETFs posted -$24.4M net outflows Oct 1 with GBTC leading at -$31.4M while BTC holds $84886.08 on bullish 4h structure.
SourceAnalysis
Bitcoin ETFs opened October with -$24.4M net outflows on Oct. 1, five of twelve funds reported, led by GBTC at -$31.4M against BTC inflows of +$14.6M; custody wallets also shed 1.8K BTC worth roughly $150.2M in the prior 24 hours.
Price at $84886.08 tests the upper Bollinger Band resistance at $84939.85 inside a bullish EMA structure where the 50-EMA at $83715.61 and 200-EMA at $80069.18 act as layered support; the MACD golden cross at 186.21 keeps trend strength intact while neutral RSI at 60.55 leaves room for continuation toward higher targets before any pullback to the 50-EMA.
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