SabTheTrader

The BTC ETF is still pulling in money, but the price is pretty quiet today.👀

The US spot $BTC ETF recorded approximately a $191 million net inflow again on September 24, marking the sixth consecutive trading day of net inflows.

Among them, BlackRock’s IBIT saw daily inflows of about $163 million—one product alone accounted for roughly 85% of that day’s net inflows. Fidelity’s FBTC also pulled in around $12.86 million. As of now, the total net assets of US spot BTC ETFs have reached approximately $108.9 billion, or about 6.43% of BTC’s total market cap.

But here’s what’s interesting:
Money keeps coming in, yet BTC hasn’t immediately pushed higher today.😂

After BTC surged from around 80,000 up to 86,000–87,000 over the past few days, today it has mostly been consolidating around $84,000. As I write this, BTC is roughly around $84,000–$84,200.

That just goes to show something:
ETF fund flows are useful, but you can’t directly treat them as a short-term Buy/Sell signal.

At the very least, continuous net inflows suggest that there’s still ongoing demand for BTC exposure via ETFs—an important data point to watch for the market’s medium- to long-term structure.

But how the price moves in the short run depends on more factors at the same time: the profit-taking from the previous rally, futures positioning, the macro environment, and the sell pressure around the 86,000–87,000 zone itself.

So even if ETFs keep flowing in today, it doesn’t automatically mean BTC has to print a big bullish candle.

On the flip side:
If ETF inflows keep continuing while BTC is stuck here digesting the sell pressure, can it still hold the 84,000 level?

If price breaks back upward later, the ETF inflows would become a supportive backdrop for this stretch of action. If the price starts to weaken clearly, I also won’t force a reason for the行情 (price action) just because “the ETF is still buying.”😂

Fund flows are a reference, and news is also a reference.
In the end, we still have to go back to the chart—doesn’t everyone agree?

* NFA, DYOR

#比特币现货ETF净流入1.91亿美元

Happy Mid-Autumn Festival~🌕🥮

No matter whether today $BTC goes up or down, set the candlestick chart aside first. Remember to eat mooncakes and look at the moon.😂

Wishing everyone’s account numbers grow bigger and life stays complete and fulfilling.

666

🌹

@长得帅不如跑的快1688 yoyoyo

@CJ_GraceWang1688 🧡🧡🧡