🚀 Bitcoin ETFs: A Rollercoaster Ride! 🎢

Bitcoin (BTC) institutional investors have hit the pause button on their buying spree, as BTC price action consolidates. Data from Farside Investors reveals that US spot Bitcoin ETFs turned net negative for the first time in two weeks, shedding $79.1 million on Oct. 22.

- ARK 21Shares Bitcoin ETF led the outflows with $134 million.

- BlackRock’s iShares Bitcoin ETF saw $43 million in inflows, a sharp drop from $329 million the day before.

Despite the hiccup, institutional interest remains strong, with ETFs driving liquidity and accessibility.

What's your take? Comment below! 💬