Bitcoin ETFs just had their worst week since June, and 2026 flows have now turned negative. 📰
Traders Union reports, from SoSoValue data, that US spot Bitcoin ETFs lost 1.28 billion dollars in the week of November 2 to 6, the biggest weekly outflow since late June, and CryptoPulse reports cumulative 2026 flows have now turned negative at minus 914.1 million dollars. 💥 BlackRock's IBIT drove the selling, losing 405 million dollars on November 2 and 403 million dollars on November 6, while spot Ether ETFs lost 365.3 million dollars, their sixth straight week of outflows. My reading is that this is one giant seller plus a fearful crowd, not the whole market walking away, and that is why Bitcoin is still holding 75,500 dollars instead of breaking down.
Is the IBIT selling nearly done, or does the selling keep going into CPI week? 🤔
Follow for more trades.
#Crypto #Bitcoin #FuturesTrading #TradingSignals #CryptoNews
Traders Union reports, from SoSoValue data, that US spot Bitcoin ETFs lost 1.28 billion dollars in the week of November 2 to 6, the biggest weekly outflow since late June, and CryptoPulse reports cumulative 2026 flows have now turned negative at minus 914.1 million dollars. 💥 BlackRock's IBIT drove the selling, losing 405 million dollars on November 2 and 403 million dollars on November 6, while spot Ether ETFs lost 365.3 million dollars, their sixth straight week of outflows. My reading is that this is one giant seller plus a fearful crowd, not the whole market walking away, and that is why Bitcoin is still holding 75,500 dollars instead of breaking down.
Is the IBIT selling nearly done, or does the selling keep going into CPI week? 🤔
Follow for more trades.
#Crypto #Bitcoin #FuturesTrading #TradingSignals #CryptoNews
