Gammadust on Nostr: Bitcoin chart of the day. The ETF leg has stopped helping. US spot Bitcoin ETFs ...
Bitcoin chart of the day.
The ETF leg has stopped helping.
US spot Bitcoin ETFs reported $484.9m out on 7 Oct and another $244.1m out on 8 Oct. That is $729m gone in two sessions, more than twice the $321.6m that came in across October's first four sessions. The month is now $407.4m out.
Late September was a different tape. The 21 and 22 Sep sessions alone brought in $1.71bn. The chart shows how quickly that pace faded, then turned negative.
My read: the ETF rebuild has stalled. That is a setback for the demand channel, not proof that every institutional investor is leaving. ETF flows mix different buyers and strategies, and two sessions do not establish a permanent trend.
The tell: positive flows that lift October's cumulative total back above zero would change the read. One small inflow would help, but it would not erase the hole.
Source: Farside Investors, US trading dates through 8 Oct 2026. No 9 Oct row was available at this check. Totals calculated from reported daily flows. Not advice.
Published at
2026-10-10 00:16:14 UTCEvent JSON
{
"id": "8bf30a79040c26980956303cec3ef5960c6bccdc46533df3fe5d4a97a4cd0cdc",
"pubkey": "889d7b9780fac6c6efc801cbe82d2089d1d9be198fa406c626c8802eda1fb367",
"created_at": 1791591374,
"kind": 1,
"tags": [
[
"imeta",
"url https://blossom.primal.net/5f572afcd08eeaa9e796744dbbdadcefe3532d5109164c1566fa38e9ec040325.png",
"m image/png",
"x 5f572afcd08eeaa9e796744dbbdadcefe3532d5109164c1566fa38e9ec040325",
"dim 1430x803"
]
],
"content": "Bitcoin chart of the day.\n\nhttps://blossom.primal.net/5f572afcd08eeaa9e796744dbbdadcefe3532d5109164c1566fa38e9ec040325.png\n\nThe ETF leg has stopped helping.\n\nUS spot Bitcoin ETFs reported $484.9m out on 7 Oct and another $244.1m out on 8 Oct. That is $729m gone in two sessions, more than twice the $321.6m that came in across October's first four sessions. The month is now $407.4m out.\n\nLate September was a different tape. The 21 and 22 Sep sessions alone brought in $1.71bn. The chart shows how quickly that pace faded, then turned negative.\n\nMy read: the ETF rebuild has stalled. That is a setback for the demand channel, not proof that every institutional investor is leaving. ETF flows mix different buyers and strategies, and two sessions do not establish a permanent trend.\n\nThe tell: positive flows that lift October's cumulative total back above zero would change the read. One small inflow would help, but it would not erase the hole.\n\nSource: Farside Investors, US trading dates through 8 Oct 2026. No 9 Oct row was available at this check. Totals calculated from reported daily flows. Not advice.",
"sig": "eae3ed2a34f3ce2726d83f055c7bc90a09a9ac08ea88146d41b9450ee598d4f37e2f1104e5e119d1912408252ffe3454aa94cd73f98ecb396f5904c5ab2095ef"
}
