If you're still piling into $BTC solely based on ETF inflow streaks, stop now.
Traders who ignored the risk of reversal just got burned when $BTC saw $201.9 million in outflows on August 28, snapping a nine-day inflow run. That leaves a lot of people underwater and second-guessing their entries.
Some argue this signals weakening institutional demand for Bitcoin after the streak ended. Others counter that $ETH ETFs continued attracting capital, proving the broader ETF story is intact.
I side with the latter. ETF demand is still the main force moving these markets, but the flows into $ETH while $BTC paused suggest a possible rotation rather than an exit.
Where do you think this goes from here?
#Bitcoin #Ethereum #ETFs
Traders who ignored the risk of reversal just got burned when $BTC saw $201.9 million in outflows on August 28, snapping a nine-day inflow run. That leaves a lot of people underwater and second-guessing their entries.
Some argue this signals weakening institutional demand for Bitcoin after the streak ended. Others counter that $ETH ETFs continued attracting capital, proving the broader ETF story is intact.
I side with the latter. ETF demand is still the main force moving these markets, but the flows into $ETH while $BTC paused suggest a possible rotation rather than an exit.
Where do you think this goes from here?
#Bitcoin #Ethereum #ETFs
