BTC ETF inflows and outflows still have quite a meaningful reference value. The surge in September came fast and left just as quickly.
On September 21, the single-day inflow was nearly $1 billion, the largest single-day inflow in about a year.
After that, every trading day saw a decline. By the 30th it was already in net outflow, and the $BTC price also stayed range-bound.
In other words, this rally was pushed up by institutions / old Americans. After the big players bought, they took a break—so who will take over next?🫣
On September 21, the single-day inflow was nearly $1 billion, the largest single-day inflow in about a year.
After that, every trading day saw a decline. By the 30th it was already in net outflow, and the $BTC price also stayed range-bound.
In other words, this rally was pushed up by institutions / old Americans. After the big players bought, they took a break—so who will take over next?🫣
