#比特币etf净流出4.5亿美元
👉 钱在搬家，群里聊
The day after the bill failed, the money left first. Bitcoin ETF saw net outflows of $746 million over two days 📉
On September 16, daily redemptions were about $296 million—this is the second consecutive day.
Pressure is coming from two places: the rate hike has been implemented, and a procedural vote in the Senate did not pass.
The 10-year U.S. Treasury yield is moving toward 5%, pulling funds away with higher coupons.
On the other side, someone is taking it. Multiple institutions together bought about $238 million worth of BTC.
Prices didn’t collapse—Bitcoin has been trading sideways between $75,000 and $76,000.
ETF outflows are driven by U.S. demand, while institutional buying is about long-term positioning.
With these two streams moving in opposite directions, the price is stuck in the middle.
On-chain data does provide an alert: demand indicators are weakening.
For crypto, this round of redemptions looks more like rebalancing than a retreat.
Do you think this is short-term rebalancing? Let’s discuss in the comments.
👉 钱在搬家，群里聊
The day after the bill failed, the money left first. Bitcoin ETF saw net outflows of $746 million over two days 📉
On September 16, daily redemptions were about $296 million—this is the second consecutive day.
Pressure is coming from two places: the rate hike has been implemented, and a procedural vote in the Senate did not pass.
The 10-year U.S. Treasury yield is moving toward 5%, pulling funds away with higher coupons.
On the other side, someone is taking it. Multiple institutions together bought about $238 million worth of BTC.
Prices didn’t collapse—Bitcoin has been trading sideways between $75,000 and $76,000.
ETF outflows are driven by U.S. demand, while institutional buying is about long-term positioning.
With these two streams moving in opposite directions, the price is stuck in the middle.
On-chain data does provide an alert: demand indicators are weakening.
For crypto, this round of redemptions looks more like rebalancing than a retreat.
Do you think this is short-term rebalancing? Let’s discuss in the comments.
