ETF flows stayed red on Thursday, but the bleeding slowed way down. $BTC spot ETFs lost $47.7M and $ETH spot ETFs lost $8M, $55.7M out combined. That is a sixth straight red session for both.
The big change: IBIT sold nothing. After dumping $269.7M on Wednesday, BlackRock sat flat. BITB led the outflows at -$26.4M, ARKB -$18.5M, and the only green on the BTC board was MSBT with +$3.3M. On the ETH side, ETHA was flat too after its $129.8M exit the day before, with Grayscale's ETH -$6.7M doing most of the selling.
The 7-day picture is still heavy: BTC -$1.41B, ETH -$479M. But the pace of selling just dropped off a cliff. That is either the start of the turn, or just a pause before more selling.
Do you think flows turn next week?
No buy/sell call, just the market. Not financial advice.
#Bitcoin #Ethereum #Crypto
The big change: IBIT sold nothing. After dumping $269.7M on Wednesday, BlackRock sat flat. BITB led the outflows at -$26.4M, ARKB -$18.5M, and the only green on the BTC board was MSBT with +$3.3M. On the ETH side, ETHA was flat too after its $129.8M exit the day before, with Grayscale's ETH -$6.7M doing most of the selling.
The 7-day picture is still heavy: BTC -$1.41B, ETH -$479M. But the pace of selling just dropped off a cliff. That is either the start of the turn, or just a pause before more selling.
Do you think flows turn next week?
No buy/sell call, just the market. Not financial advice.
#Bitcoin #Ethereum #Crypto
