Bitcoin ETFs Don Draw $2.7B Inflows as BTC Pass $115K
Spot Bitcoin ETFs get net inflows of $2.71B for the week wey end Oct 10, BlackRock’s iShares Bitcoin Trust (IBIT) dey lead with $2.63B. IBIT assets under management kena $94B, e dey drive new institutional demand for regulated crypto exposure. October inflows don pass $5B, daily net buys dey except one $4.5M outflow on Oct 10. Bitcoin small drop below $110K because US–China tariff wahala but e bounce back dey trade above $115K as 24-hour volume jump 15% reach $92B. CryptoQuant data show Binance liquidity stress index reach 0.2867, the highest since early 2025, show sey execution risk fit happen from stop-loss triggers plus leverag liquidations. Funding rates for derivatives market drop to bear-market lows, over $20B position don liquidate before open interest bounce back to $74B. Traders go dey watch daily ETF flows plus IBIT AUM for direction signs. If Bitcoin ETFs inflows continue, e fit keep the upward momentum.
Bullish
Plenty heavy money dem dey flow enter Bitcoin ETFs, wey IBIT dey lead, show say big big institutional people get strong interest wey fit support short-term price stability plus upward momentum. High AUM and steady flows dey reduce selling pressure and fit make liquidity tight, especially as Binance dey under heavy stress. Lower funding rates and liquidations fit clear plenty crowd short positions, dey set ground for more gains. If BTC fit hold gidigba pass key support near $112K, dis kain trends fit continue push market go bullish side near $150K before quarter end. But macro wahala and possible profit-taking fit cause some volatility.