The Bitcoin Spot ETF market recently saw a surge in outflows, specifically recording a negative flow of -18.60M. This trend has been consistent, with at least four out of six market days since October 1 reporting similar negative flows.
Despite these outflows from Bitcoin Spot ETFs, the overall market sentiment remains surprisingly optimistic. In contrast to the ETF outflows, the Bitcoin market itself has experienced a positive trend, with a rise of approximately +1.5% over the last seven days.
The contrasting trends of outflows from ETFs and the Bitcoin market's positive movement indicate resilience in the broader market structure. This dichotomy suggests that while ETF investors are pulling back, general market enthusiasm for Bitcoin persists, keeping the market's structure optimistic.
