**Bitcoin ETF Inflows Turn Negative Amid Price Consolidation**

Institutional investors have hit pause on their Bitcoin buying spree as BTC price action consolidates. Data from UK-based Farside Investors shows that inflows to US spot Bitcoin ETFs turned net negative on October 22, marking the first dip in two weeks.

- **Key Points:**

- US ETF inflows dropped by $79.1 million in one day.

- The ARK 21Shares Bitcoin ETF saw outflows of $134 million.

- BlackRock’s iShares Bitcoin ETF managed $43 million in inflows, down from $329 million the previous day.

Despite this, the ETFs have been a major story in the crypto market, with institutional ownership now around 20%. European investors have also allocated over $100 million to US products this year. Last week, net inflows crossed the $20 billion milestone, with total assets under management hitting a record $65 billion.

In Q3, US-based Bitcoin ETFs saw over $5 billion in net inflows, highlighting strong institutional demand for Bitcoin exposure. These ETFs are now key drivers of liquidity and accessibility in the market.