$BTC ETF OUTFLOW STREAK HITS 8 WEEKS โ A FIRST SINCE LAUNCH ๐ฅ
Eight straight weeks of net outflows on the US Bitcoin spot ETFs โ that's a new record since these products went live. Over 2.7 billion has left in the last 10 days alone, and even a single-day bounce on July 2 wasn't enough to flip the trend.
Meanwhile ETH spot ETFs saw their eighth consecutive weekly outflow too, tying the same record. The only bright spot? Hyperliquid's ETF saw inflows, but at a fraction of previous weeks. Smart money seems to be pulling back across the board right now.
What's your read on this persistent selling pressure โ accumulation zone or more downside ahead?
Not financial advice. Always manage your risk.
#BTC #ETFOutflow #BearishSignal #CryptoMarkets
๐ฅ
Eight straight weeks of net outflows on the US Bitcoin spot ETFs โ that's a new record since these products went live. Over 2.7 billion has left in the last 10 days alone, and even a single-day bounce on July 2 wasn't enough to flip the trend.
Meanwhile ETH spot ETFs saw their eighth consecutive weekly outflow too, tying the same record. The only bright spot? Hyperliquid's ETF saw inflows, but at a fraction of previous weeks. Smart money seems to be pulling back across the board right now.
What's your read on this persistent selling pressure โ accumulation zone or more downside ahead?
Not financial advice. Always manage your risk.
#BTC #ETFOutflow #BearishSignal #CryptoMarkets
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