Bitcoin Falls Toward $81,000 Despite $526.6M ETF Inflows

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TL;DR Bitcoin fell toward $81,400 despite $526.6 million in U.S. spot ETF inflows on Monday, the strongest daily total in nearly a month. Asian equities weakened as South Korea’s Kospi dropped 3.73%, while Nasdaq 100 futures slipped 0.31%, adding to a broader risk-off backdrop. Options traders increased downside protection, with puts trading at more than twice call volume and the October 30 $80,000 put becoming the busiest contract on Deribit Tuesday. Bitcoin fell back toward $81,400 on Tuesday even after U.S. spot Bitcoin ETFs absorbed $526.6 million the previous session, their largest daily inflow in nearly a month. The move followed Monday’s recovery toward $83,000, which failed to hold as Asian equities weakened and traders increased demand for downside protection. A later CoinMarketCap reading placed BTC near $81,539 .
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