$BTC Spot ETFs saw net inflows of about $301 million last week, but the money actually came in during the first half of the week and flowed out during the second half.
Farside data: +$527 million on Monday, +$23 million on Tuesday, and +$525 million on Wednesday, for a three-day total of about +$1.075 billion; then -$636 million on Thursday and -$138 million on Friday, giving back about $774 million over two days.
My take: Net inflows were positive for the week, but momentum is weakening. BlackRock’s IBIT saw outflows on both Thursday and Friday, and the selling pressure in the second half of the week is more worth watching than the buying in the first half. The FOMC meeting and PCE data are both coming up next week, and Monday’s flows will be the first thing to watch.
#ETF资金流 #BTC
Personal opinion only. The author may hold assets mentioned in this post. This is not investment advice. DYOR
Farside data: +$527 million on Monday, +$23 million on Tuesday, and +$525 million on Wednesday, for a three-day total of about +$1.075 billion; then -$636 million on Thursday and -$138 million on Friday, giving back about $774 million over two days.
My take: Net inflows were positive for the week, but momentum is weakening. BlackRock’s IBIT saw outflows on both Thursday and Friday, and the selling pressure in the second half of the week is more worth watching than the buying in the first half. The FOMC meeting and PCE data are both coming up next week, and Monday’s flows will be the first thing to watch.
#ETF资金流 #BTC
Personal opinion only. The author may hold assets mentioned in this post. This is not investment advice. DYOR