Four days of ETF inflows, snapped in one session.
US spot Bitcoin ETFs lost a net $643.33 million on Oct 30 (SoSoValue), the first outflow since the Binance hack hit. IBIT was the largest at $233.70 million.
My take: that looks like institutions hitting pause while the headlines settle, not a verdict on the long-term story. The next few sessions will show whether it was a one-day flinch or a trend.
Are you watching ETF flows as your signal right now, or ignoring them until the dust settles? Not financial advice.
$BTC $IBIT #BitcoinETF #Bitcoin #CryptoNews
US spot Bitcoin ETFs lost a net $643.33 million on Oct 30 (SoSoValue), the first outflow since the Binance hack hit. IBIT was the largest at $233.70 million.
My take: that looks like institutions hitting pause while the headlines settle, not a verdict on the long-term story. The next few sessions will show whether it was a one-day flinch or a trend.
Are you watching ETF flows as your signal right now, or ignoring them until the dust settles? Not financial advice.
$BTC $IBIT #BitcoinETF #Bitcoin #CryptoNews