$149M Inflows Into Bitcoin ETFs Amid Price Dip: Will The Trend Hold?

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Bitcoin ETFs saw $149 million in net inflows on October 27. This marks the third consecutive day of positive institutional demand despite a price dip. Ethereum ETFs followed closely, attracting $134 million with no outflows.


Bitcoin ETFs Show Steady Institutional Demand

Bitcoin ETFs have gained $149 million in net inflows, indicating continued investor confidence. Despite Bitcoin’s price dip, institutional demand remains steady. The market shows that investors are accumulating Bitcoin through ETFs even during price drops.


The $149 million in Bitcoin ETFs reflects sustained demand for the asset.

“The stability in inflows highlights a trend of smart accumulation,” said analysts.


This steady accumulation is seen as a signal of confidence in Bitcoin’s long-term prospects.

Bitcoin’s price remains within a defined range, trading around $114,143. While volatility has remained low, the market continues to show strong demand for Bitcoin ETFs. The spot-to-perpetual volume ratio on Binance suggests that buyers are holding positions rather than exiting.


Ethereum ETFs Draw Close with $134M in Inflows

Ethereum ETFs pulled in $134 million on October 27. The inflows show that investor interest in Ethereum also remains strong. No outflows were recorded across all nine Ethereum funds during this period.

Ethereum’s inflows highlight a parallel trend to Bitcoin’s. Institutional demand for Ethereum has been strong, even amid broader market caution. Investors have been maintaining their positions in both Bitcoin and Ethereum ETFs.

Ethereum’s price has followed Bitcoin’s trend of stabilizing after recent price movements. The sustained interest in Ethereum ETFs reflects continued confidence in its value.

The broader market remains cautious, with the Fear and Greed Index reading neutral at 42. Bitcoin’s price has stabilized following a previous downturn. On-chain data shows easing sell pressure and renewed buying activity.

Bitcoin’s relative strength index (RSI) has bounced back from oversold levels. This suggests that Bitcoin is stabilizing after earlier losses. 

(Click on image to enlarge)

BTC Price

Both spot and perpetual cumulative volume delta (CVD) metrics show renewed buying activity.


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