$BTC (Bitcoin) ETFs Lost $244M, But Zoom Out Before You Panic ๐
Takeaway: two rough days donโt erase a strong quarter.
๐น Thursday: $244M in net outflows
๐น Wednesday: $485M out
๐น Two-day total: about $729M
๐น For context, Q3 pulled in $6.34B
The outflows hit the same day $1.19B in leveraged bets were liquidated. To me, that looks like nervous money stepping aside, not institutions walking away.
What would change my mind: outflows that keep stacking for a week or more.
๐ฌ Temporary shake-out or the start of a bigger exit? ๐
โ ๏ธ Not financial advice. DYOR.
#Bitcoin #BTC #ETF #BinanceSquare #BitcoinETFsSee$244MNetOutflows
Takeaway: two rough days donโt erase a strong quarter.
๐น Thursday: $244M in net outflows
๐น Wednesday: $485M out
๐น Two-day total: about $729M
๐น For context, Q3 pulled in $6.34B
The outflows hit the same day $1.19B in leveraged bets were liquidated. To me, that looks like nervous money stepping aside, not institutions walking away.
What would change my mind: outflows that keep stacking for a week or more.
๐ฌ Temporary shake-out or the start of a bigger exit? ๐
โ ๏ธ Not financial advice. DYOR.
#Bitcoin #BTC #ETF #BinanceSquare #BitcoinETFsSee$244MNetOutflows