United StatesSpot bitcoin ETFs lost a net $1.282 billion last week.

The funds are now $914 million negative for the year after turning positive on 22 September.

Over $6 billion flowed in from August, then institutions sold alongside AI stocks as the Nasdaq lost a fifth week.

Tuesday’s US consumer price index could lower yields, but Marex analysts say outflows would still outweigh it.

How each outlet framed it
CoinDesk
reads the $1.28bn ETF outflow as a challenge to the 'bitcoin as digital gold' thesis, and links it to TradFi-linked tokens trading while markets are closed

Sources: CoinDesk