🏦 BTC spot; 12 ETF funds saw no net inflow—single-day net outflow of $149 million
ETH and SOL ETFs also turned to net outflows, as institutional capital collectively "hits the brakes"
BTC is above 84,000—who’s still taking the buy?
📊 Latest fund flows (SoSoValue):
· BTC ETFs: net outflow of $149 million | Fidelity FBTC -$126 million, BITB -$13.63 million
· ETH ETFs: net outflow of $59.58 million | 10 funds saw no net inflow, with outflows continuing for 2 straight days
· SOL ETFs: net outflow of $5.91 million in the most recent trading day | outflows for 2 straight days; cumulative net inflows still about $1.6 billion
· ZEC ETFs: net outflow of $30.25 million the previous day
📍 My take:
· While BTC price is rising, ETFs are seeing outflows—this rebound looks more like a futures/leverage-driven move rather than spot institutional buying
· A one-day outflow doesn’t necessarily mean a trend reversal; in the previous cycle, cumulative inflows over 9 days were about $3.0 billion
🎯 Outlook: Tonight’s Non-Farm Payrolls will set the tone. If ETFs continue seeing outflows for multiple days, and BTC falls back below 83,346, be on high alert.
Do you think this outflow is temporary, or a signal of a trend change?
$BTC $ETH $SOL
ETH and SOL ETFs also turned to net outflows, as institutional capital collectively "hits the brakes"
BTC is above 84,000—who’s still taking the buy?
📊 Latest fund flows (SoSoValue):
· BTC ETFs: net outflow of $149 million | Fidelity FBTC -$126 million, BITB -$13.63 million
· ETH ETFs: net outflow of $59.58 million | 10 funds saw no net inflow, with outflows continuing for 2 straight days
· SOL ETFs: net outflow of $5.91 million in the most recent trading day | outflows for 2 straight days; cumulative net inflows still about $1.6 billion
· ZEC ETFs: net outflow of $30.25 million the previous day
📍 My take:
· While BTC price is rising, ETFs are seeing outflows—this rebound looks more like a futures/leverage-driven move rather than spot institutional buying
· A one-day outflow doesn’t necessarily mean a trend reversal; in the previous cycle, cumulative inflows over 9 days were about $3.0 billion
🎯 Outlook: Tonight’s Non-Farm Payrolls will set the tone. If ETFs continue seeing outflows for multiple days, and BTC falls back below 83,346, be on high alert.
Do you think this outflow is temporary, or a signal of a trend change?
$BTC $ETH $SOL