{"id":50183,"date":"2025-09-30T06:16:43","date_gmt":"2025-09-30T06:16:43","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=50183"},"modified":"2025-09-30T06:16:43","modified_gmt":"2025-09-30T06:16:43","slug":"bitcoin-bleeds-719m-but-outflows-lack-short-bets-signaling-weak-bearish-conviction","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=50183","title":{"rendered":"Bitcoin Bleeds $719M But Outflows Lack Short Bets Signaling Weak Bearish Conviction"},"content":{"rendered":"
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Amidst a broader market downturn, Bitcoin investment products faced $719 million in outflows over the past week, but there was no significant uptick in short-bitcoin product demand.<\/p>\n

This meant that bearish sentiment may lack conviction and could prove short-lived.<\/p>\n

Crypto Funds Shed $812M<\/h2>\n

Across the broader digital asset market, outflows reached $812 million, driven by fading expectations for two US interest rate cuts in 2025 after stronger-than-expected economic indicators, including revised GDP and durable goods data. Despite the weekly setback, inflows remain strong.<\/p>\n

According to the latest edition of CoinShares\u2019 Digital Asset Fund Flows Weekly Report, the funds\u2019 month-to-date inflows stand<\/a> at $4 billion while recording $39.6 billion year-to-date, keeping the market on track to potentially challenge 2024\u2019s record inflow of $48.6 billion if momentum continues.<\/p>\n

Ethereum joined Bitcoin in facing heavy pressure, as it saw $409 million in weekly outflows, which sharply slowed its once-strong inflow momentum. Its year-to-date (YTD) inflows of $12 billion have nearly stalled, as September\u2019s inflows barely reach $86.2 million.<\/p>\n

Meanwhile, multi-asset funds lost $82.5 million over the past week, while Chainlink and Litecoin recorded small outflows of $0.7 million and $0.2 million, respectively.<\/p>\n

On the other hand, Solana emerged as the week\u2019s star after attracting a hefty $291 million, while XRP followed with $93.1 million, amidst increased excitement ahead of US ETF launches. Sui and Cardano posted more modest gains, and both drew $2.9 million and $1.3 million, respectively.<\/p>\n

The United States saw the steepest decline as it logged $1 billion in outflows, while other regions fared better. Switzerland, for one, topped inflows with $126.8 million, while Canada and Germany recorded $58.6 million and $35.5 million, respectively, close behind. Modest contributions were also reported from Brazil at $8.9 million, Hong Kong at $2.5 million, and Australia at $1.7 million during the same period.<\/p>\n

Confidence Returns<\/h2>\n

Crypto markets are showing early signs of stabilization after last week\u2019s sharp selloff. On Monday, the two top assets, Bitcoin and Ethereum, reclaimed $113,000 and $4,100, respectively, and are holding near levels seen a week ago.<\/p>\n

Despite significant ETF redemptions, particularly on Friday, QCP Capital noted<\/a> that the spot prices remained steady over the weekend, which indicates that quarter-end basis unwinds were the main driver of outflows rather than selling pressure.<\/p>\n

The firm also said that volatility is easing and is expected to drift lower as markets consolidate ahead of Friday\u2019s US Non-Farm Payrolls (NFP) report, even as a potential US government shutdown raises timing questions. Perpetual futures markets also show renewed optimism, as open interest rose to $43.6 billion.<\/p>\n

Wall Street\u2019s strength has further boosted sentiment, and traders are cautiously positioning for a seasonally bullish \u201cUptober,\u201d though Bitcoin must still break $115,000 to confirm an uptrend. Options data reflects a market regaining confidence, as seen with put skew and open interest in BTC and ETH gradually normalizing as traders rebuild exposure.<\/p>\n

The post Bitcoin Bleeds $719M But Outflows Lack Short Bets Signaling Weak Bearish Conviction<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Amidst a broader market downturn, Bitcoin investment products faced $719 million in outflows over the past week, but there was no significant uptick in short-bitcoin product demand. This meant that bearish sentiment may lack conviction and could prove short-lived. Crypto Funds Shed $812M Across the broader digital asset market, outflows reached $812 million, driven by […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-50183","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/50183","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=50183"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/50183\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=50183"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=50183"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=50183"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}