BlackRock's IBIT has now bled six sessions in a row: $1.44B out in total.
Weekly flow check (Nov 2-6):
• US spot Bitcoin ETFs: -$1.28B, worst week since at least early October
• IBIT: -$1.21B of that
• Fidelity's FBTC: +$93.1M, the only big fund in green
• Ethereum ETFs: -$365.2M, a sixth losing week
(Base Camp, Farside data)
$BTC is holding just above $75K support while institutions step back. Spot volume is thin, so a bounce without ETF buyers looks fragile. Watch Monday's flow print.
Will Monday's Bitcoin ETF flows turn positive: yes or no?
$ETH #BitcoinETF #ETFFlows #Bitcoin
Not financial advice.
Weekly flow check (Nov 2-6):
• US spot Bitcoin ETFs: -$1.28B, worst week since at least early October
• IBIT: -$1.21B of that
• Fidelity's FBTC: +$93.1M, the only big fund in green
• Ethereum ETFs: -$365.2M, a sixth losing week
(Base Camp, Farside data)
$BTC is holding just above $75K support while institutions step back. Spot volume is thin, so a bounce without ETF buyers looks fragile. Watch Monday's flow print.
Will Monday's Bitcoin ETF flows turn positive: yes or no?
$ETH #BitcoinETF #ETFFlows #Bitcoin
Not financial advice.