ETF flows yesterday (Sept 28) painted a clear picture: institutions still stacking.
$BTC ETFs +372 BTC ($31M)
$ETH ETFs +6,380 ETH ($17M)
$SOL ETFs +107K SOL ($12.7M)
$XRP ETFs +2.65M XRP ($4M)
$ZEC ETFs -5.6K ZEC (-$8M)
$LINK ETFs +159K LINK ($2.4M)
$LTC ETFs +17K LTC ($1.2M)
Total inflow: ~$60M
BlackRock alone scooped 657 $BTC ($55M) and 5,730 $ETH ($15M). Meanwhile Fidelity and Grayscale dumped a combined 285 BTC.
BTC ETFs absorbed 0.8 days of miner supply in one session. That's how you get supply squeezes.
$SOL and $XRP seeing consistent institutional demand. $ZEC the only red flag with outflows.
If this pace holds, we're looking at structural bid support across majors. Watch for acceleration into Q4.
$BTC ETFs +372 BTC ($31M)
$ETH ETFs +6,380 ETH ($17M)
$SOL ETFs +107K SOL ($12.7M)
$XRP ETFs +2.65M XRP ($4M)
$ZEC ETFs -5.6K ZEC (-$8M)
$LINK ETFs +159K LINK ($2.4M)
$LTC ETFs +17K LTC ($1.2M)
Total inflow: ~$60M
BlackRock alone scooped 657 $BTC ($55M) and 5,730 $ETH ($15M). Meanwhile Fidelity and Grayscale dumped a combined 285 BTC.
BTC ETFs absorbed 0.8 days of miner supply in one session. That's how you get supply squeezes.
$SOL and $XRP seeing consistent institutional demand. $ZEC the only red flag with outflows.
If this pace holds, we're looking at structural bid support across majors. Watch for acceleration into Q4.
