Did institutions just blink after the $6.3B Binance hack?
US spot ETFs flipped hard on Oct 30 (Farside): $BTC -$409.5M, $ETH -$59.6M, about -$469M combined, after BTC saw +$17.2M the day before. Prices, though, steadied: BTC $77,450, ETH $2,247.
My take: this is not just a flow print, it is a confidence test after a security shock. One day of selling does not erase the prior inflow streak, but it shows how fast risk appetite can vanish.
What brings flows back first, calmer prices or proof withdrawals are fully safe?
Not financial advice. DYOR.
#BitcoinETF #crypto
US spot ETFs flipped hard on Oct 30 (Farside): $BTC -$409.5M, $ETH -$59.6M, about -$469M combined, after BTC saw +$17.2M the day before. Prices, though, steadied: BTC $77,450, ETH $2,247.
My take: this is not just a flow print, it is a confidence test after a security shock. One day of selling does not erase the prior inflow streak, but it shows how fast risk appetite can vanish.
What brings flows back first, calmer prices or proof withdrawals are fully safe?
Not financial advice. DYOR.
#BitcoinETF #crypto
