Bitcoin ETF outflows just hit a fourth straight day, and 2026 flows have now turned negative for the year. 📰
CoinDesk, reporting SoSoValue data, puts Tuesday outflows at only 95 million dollars, down from 201 million on Monday, 412 million on Friday and 430 million on Thursday, while BlackRock IBIT alone recorded 78 million dollars of withdrawals on Tuesday, its eighth straight session of outflows. 📊 The Block reports the funds lost 1.28 billion dollars last week, their worst week since late June, which pushed year to date net flows negative by about 914 million dollars, and a further 296 million dollars left on Monday and Tuesday. My reading is that easing outflows are the first small sign the selling is tiring, because a drop from 430 million to 95 million in a week means the forced sellers are running out of size, even though flows are still negative and no bottom holds until the number turns green.
Do ETF outflows keep shrinking this week, or does another big redemption day reset the fear? 🤔
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CoinDesk, reporting SoSoValue data, puts Tuesday outflows at only 95 million dollars, down from 201 million on Monday, 412 million on Friday and 430 million on Thursday, while BlackRock IBIT alone recorded 78 million dollars of withdrawals on Tuesday, its eighth straight session of outflows. 📊 The Block reports the funds lost 1.28 billion dollars last week, their worst week since late June, which pushed year to date net flows negative by about 914 million dollars, and a further 296 million dollars left on Monday and Tuesday. My reading is that easing outflows are the first small sign the selling is tiring, because a drop from 430 million to 95 million in a week means the forced sellers are running out of size, even though flows are still negative and no bottom holds until the number turns green.
Do ETF outflows keep shrinking this week, or does another big redemption day reset the fear? 🤔
Follow for more trades.
#Crypto #Bitcoin #FuturesTrading #TradingSignals #ETF
