US spot Bitcoin ETFs recorded $241.1 million in net inflows, marking a third consecutive week of positive flows. Cumulative net inflows have reached $57.8 billion, with net inflows for the year standing at $1.2 billion. These figures indicate that institutional demand—which had fluctuated for much of the year—has stabilized over the past three weeks. The most notable detail of the week was the concentration of inflows into a single fund. BlackRock's iShares Bitcoin Trust (IBIT) alone attracted $450 million, significantly outperforming the combined total of other funds. In contrast, Fidelity's FBTC saw outflows of $168 million. This pattern suggests that institutional investors prefer large, liquid products when making allocation decisions regarding Bitcoin; capital is not simply entering or exiting the market but is being reallocated between funds. The fact that Ether ETFs experienced net outflows of $138 million during the same period highlights this trend even further. This divergence between Bitcoin and Ether funds reveals that investors do not view the two assets as part of the same category, with Bitcoin commanding a broader presence in institutional portfolios. The underlying dynamic driving these inflows is a shift in macroeconomic expectations. September's non-farm payroll data—showing a modest gain of 29,000 jobs and an unemployment rate rising to 4.2%—has significantly reduced the likelihood of a Federal Reserve rate hike in October. The easing of interest rate hikes reduces the opportunity cost of holding assets, thereby supporting institutional demand for Bitcoin. However, one should be cautious about placing too much weight on a single week's data when assessing this picture. ETF inflows can be volatile; the fact that net inflows remain at a modest level of $1.2 billion year-to-date suggests that institutional demand has not yet entered a growth trend. Furthermore, the 10-year Treasury yield hovering around 5.26% continues to exert pressure on assets. The key indicator to watch in the coming weeks is whether ETF inflows can maintain this pace. If positive trends persist, it could signal a shift toward a structural foundation for institutional demand. If inflows weaken, the question will remain whether the last three weeks represented a temporary improvement or a lasting shift. This article does not constitute investment advice. The analysis is based on publicly available information, and future outcomes are not guaranteed. $BTC $GT

Longs feel great—took profit at 1,000 points. Trading volume has picked up in the latter half of the night; another 1,000-point gain is highly likely. Short sellers, be cautious when opening positions!!! #OneGate见证计划 #GT三季度销毁近200万枚 #CFTC拟设加密资产市场新类别 $BTC ‌$ETH ‌

$BTC • BTC at 84,312.4 dollars, +1.36% in 24h, high 85,632.2, low 82,953.5, volume 7.47K BTC. • Perp at 84,282.7 dollars, +1.48%, turnover 628.89M dollars. Spot outflow of 5.14M dollars shows less sell pressure. • Resistance 84,777 - 87,401 dollars, support 83,800 EMA cluster - 82,625 dollars. BTC bounced from low 82,953 dollars to 84,312 dollars today. Fund inflow for large-cap spot products stayed strong last week, helping price hold above 83,800 dollars. On-chain data shows more coins left trading venues than entered. Large wallet outflows around 318k for SOL and similar pattern for BTC point to holding. DeFi TVL and DEX volume stay firm. Futures volume 7.25B dollars, open interest 7.67B dollars. Funding up since mid-Sep, near highest since late July. No big liquidation cluster today. • EMA5 83,953.5, EMA10 83,806.7, EMA30 83,813.1 now support on 4h. Daily EMA20 ∼84k, EMA50 ∼80k, EMA100 ∼78k, EMA200 ∼75k. • RSI 58-68, MFI 70.1, bullish but not overbought. • Stochastic up from low zone. Above 84,777 dollars opens 85,632 dollars and 87,401 dollars. Below 83,800 dollars, next support 82,625 dollars and avg price 78,571.5 dollars.#ShareWeekly #Gate广场中秋团圆局 #每日神贴 #Gate广场 #btc ‌ ‌