#InstitutionalOutflow

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About InstitutionalOutflow

CoinShares reported $434M in weekly digital asset fund outflows Oct 16. Farside showed US BTC and ETH spot ETF outflows of $82.4M and $69.7M; ETH saw a third straight day of outflows. BTC dipped below $80K, then recovered toward $81K, while some large holders kept buying. Hot US CPI and PPI renewed rate-hike concerns, weighing on risk appetite. CoinShares says long-term fundamentals may remain intact. Can ETF redemptions ease, institutional buying return and support hold near $80K?

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