Bitcoin Slips as Spot ETFs See $201M Outflows Ahead of U.S. Inflation Data
By TickerJolt Markets Desk • Fact-checked under TickerJolt Editorial Standards
Photo: Jonathan Borba / Unsplash
The Scoop
Bitcoin declined while U.S. equities rebounded on Monday as traders pulled $201 million from spot ETFs. CoinDesk confirmed the outflows occurred in advance of the October U.S. inflation report scheduled for release today.
$201M
Spot ETF outflows ahead of inflation report
Why It Matters
- Spot Bitcoin exchange-traded funds recorded $201 million in net outflows.
- The digital asset lagged behind the broader recovery seen in U.S. stocks.
- Market participants are positioning defensively ahead of the upcoming inflation reading.
Primary Source / Reference:
CoinDesk ↗
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