#BitcoinETFsShed$450M - Biggest outflow since June!
$450.4M left spot #Bitcoin ETFs yesterday after Senate failed to advance the CLARITY Act.
Fidelity $FBTC: -$214.8M
BlackRock $IBIT: -$161.7M
That's 84% of total outflows from just 2 funds.
Risk-off mode is real. $BTC back to $75.7k. Are we seeing institutional capitulation or just a healthy shakeout before the next leg up?
Bearish short term.
$450.4M left spot #Bitcoin ETFs yesterday after Senate failed to advance the CLARITY Act.
Fidelity $FBTC: -$214.8M
BlackRock $IBIT: -$161.7M
That's 84% of total outflows from just 2 funds.
Risk-off mode is real. $BTC back to $75.7k. Are we seeing institutional capitulation or just a healthy shakeout before the next leg up?
Bearish short term.