๐จ ETF INVESTORS JUST PULLED $646M IN ONE DAY โ BUT ONE CORNER OF THE MARKET DIDN'T BLINK.
US spot Bitcoin ETFs saw $484.9M in net outflows on Wednesday โ the largest since June 25, wiping out October's entire $321.6M inflow in a single session. Ether funds lost another $160.9M, their 7th straight outflow day.
Here's the catch:
๐ BlackRock's IBIT flipped from +$122M to -$207.7M in 24 hours โ the bid vanished overnight.
๐ The outflow was 2.1 standard deviations below the 90-day average flow โ a true statistical outlier.
๐ฅ ETH funds have shed $569M since Sep 29, with no reversal in sight.
ETF desks are the market's biggest whales โ when they dump together, spot follows. BTC slid under $82K.
But RWA coins held their ground: ONDO closed +1% at $0.47 while SOL, ADA and DOGE fell 5โ8% โ on the very day the IMF's tokenization report trended across Square.
Watch Thursday's flow data: confirmation means deeper cuts, reversal means a relief bounce.
Are ETF investors calling the bottom โ or starting the next leg down? ๐
Not financial advice โ educational purposes only.
#IMFSaysTokenizedMarketsSmall #Bitcoin #Ethereum #crypto
$BTC $ETH $ONDO
US spot Bitcoin ETFs saw $484.9M in net outflows on Wednesday โ the largest since June 25, wiping out October's entire $321.6M inflow in a single session. Ether funds lost another $160.9M, their 7th straight outflow day.
Here's the catch:
๐ BlackRock's IBIT flipped from +$122M to -$207.7M in 24 hours โ the bid vanished overnight.
๐ The outflow was 2.1 standard deviations below the 90-day average flow โ a true statistical outlier.
๐ฅ ETH funds have shed $569M since Sep 29, with no reversal in sight.
ETF desks are the market's biggest whales โ when they dump together, spot follows. BTC slid under $82K.
But RWA coins held their ground: ONDO closed +1% at $0.47 while SOL, ADA and DOGE fell 5โ8% โ on the very day the IMF's tokenization report trended across Square.
Watch Thursday's flow data: confirmation means deeper cuts, reversal means a relief bounce.
Are ETF investors calling the bottom โ or starting the next leg down? ๐
Not financial advice โ educational purposes only.
#IMFSaysTokenizedMarketsSmall #Bitcoin #Ethereum #crypto
$BTC $ETH $ONDO