Bitcoin ETFs Post Two Days of Inflows as Calacanis Forecasts Continued Outflows

U.S. spot Bitcoin (BTC) exchange-traded funds recorded net inflows on Oct. 26 and 27, adding two positive daily readings after withdrawals on Oct. 22 and 23. The latest figures contrast with investor Jason Calacanis’ prediction that ETF outflows would continue.

Funds drew $110.3 million on Oct. 26 and $176 million on Oct. 27. They recorded net outflows of $635.6 million on Oct. 22 and $137.9 million on Oct. 23. The two inflow days totaled $286.3 million, less than the $773.5 million withdrawn across the two earlier dates. Across those four dates, flows were net negative by $487.2 million.

A net inflow is the amount entering funds after money moving out is subtracted for a reporting period. The daily figures describe fund movements on the listed dates; two positive readings do not establish whether inflows will persist.

In an Oct. 27 post on X, Calacanis urged Bitcoin holders to sell and shift money toward “Super Intelligence.” He called Bitcoin a “dead network” and predicted ETF outflows would continue. He also forecast a retest of a “57k low” within 12 months and said Bitcoin would never set another all-time high. His post did not specify a currency for “57k.”

Calacanis’ outflow prediction concerns future fund movements, while the reported figures record net flows on specific dates. The two inflow readings offer a counterpoint to his view but do not settle his longer-term forecast.

In a separate post, Calacanis said he was long TAO, Bittensor’s token, and liked the network’s focus on scaling artificial intelligence. He did not disclose the position’s size or when he bought it.

The Oct. 27 entry adds another dated reading to the sequence, following the figures in earlier coverage of Calacanis’ forecast, which ended on Oct. 26.