$BTC ETF flows flipped hard.

June: -$4.5B out
Aug-Sep: +$6.2B in
October so far: -$203M out

Fed decision drops TODAY. Institutional money either rotates back in or we see deeper bleeds.

ETF flows = smart money sentiment. Watch this + Powell's tone. If rates hold or cut signals weaken, expect more exit pressure on spot ETFs.

This is your liquidity canary.