Bought for 4 straight days, then gave it all back in one day—and lost another $200 million. Those who treated ETF inflows as a buy signal got a lesson last week.
U.S. Bitcoin ETFs bought for 4 straight days from October 26 to 29, with total net inflows of about $441 million. On October 30, they saw $643 million in net outflows in a single day. Four days of buying were wiped out in one day, with another roughly $200 million lost.
The sequence is worth noting too: on October 29
$BTC
prices first fell about 4%; it was only the next day that ETFs sold heavily. Prices dropped first, and the money pulled out afterward.
At least this week, ETF money followed price. ETF inflows are a shadow of price, not a floor beneath it.
The most discussed item in today's briefing is $BNB ; the analysis is in the poster.
And do you use ETF inflows and outflows as trading signals?
Yes / No?? #提现服务恢复期间警惕诈骗
U.S. Bitcoin ETFs bought for 4 straight days from October 26 to 29, with total net inflows of about $441 million. On October 30, they saw $643 million in net outflows in a single day. Four days of buying were wiped out in one day, with another roughly $200 million lost.
The sequence is worth noting too: on October 29
$BTC
prices first fell about 4%; it was only the next day that ETFs sold heavily. Prices dropped first, and the money pulled out afterward.
At least this week, ETF money followed price. ETF inflows are a shadow of price, not a floor beneath it.
The most discussed item in today's briefing is $BNB ; the analysis is in the poster.
And do you use ETF inflows and outflows as trading signals?
Yes / No?? #提现服务恢复期间警惕诈骗
