The $BTC bid did not blink on a red day.
Spot Bitcoin ETFs kept drawing money, BlackRock added a second straight day of buying, and total ETF assets rose to a new local high near $80B even as the price sat flat and the alts sold off. When the tape is red but the flows stay green, it usually means the selling is retail and high-beta, not the institutional base.
Spot Bitcoin ETFs kept drawing money, BlackRock added a second straight day of buying, and total ETF assets rose to a new local high near $80B even as the price sat flat and the alts sold off. When the tape is red but the flows stay green, it usually means the selling is retail and high-beta, not the institutional base.