๐ฆ ETF โ outflows return
After two strong inflow weeks โ the tide reversed with -$389.7M in outflows this week ๐ฌ Institutions took profits after the NFP-driven rally.
$BTC stalled near $63,500 despite softer PPI โ needs to reclaim $64K to ease pressure, otherwise risks a retest of lows. The outflows are not alarming on their own โ but combined with the price weakness they confirm institutions are not yet committing to a sustained recovery. ๐๏ธ
๐ Weekly outflows: -$389.7M โ profit-taking after NFP rally
โ ๏ธ $64K needs to be reclaimed โ key level for short term direction
๐ Not alarming but confirms no conviction above $65K yet
#BTCOutflows #dyor #weeklyoutflows #RangeMarket