US spot Bitcoin ETFs erased a $5.69 billion 2026 flow deficit after roughly $6.04 billion flowed back in since mid-July.
At the same time, short-term holders sent about 47,600 BTC in profit to exchanges as Bitcoin approached $88,000, adding more than $4 billion of potential sell-side supply.
https://cryptoslate.com/bitcoin-etfs-just-erased-a-5-7-billion-hole-but-profit-taking-is-swallowing-the-new-demand/