$BTC ETF situation just got harder to ignore — but there’s one detail I’m paying more attention to.
U.S. spotted Bitcoin ETFs recorded roughly $398.6M in net outflows on November 2.
That was the second consecutive outflow session.
And when I combine it with October 30, the two sessions saw roughly $1.04B leave Bitcoin ETFs.
That is a meaningful change from the four-session inflow streak we saw from October 26 to October 29.
During those four sessions, Bitcoin ETFs had attracted roughly $440.8M.
So the recent flow picture has shifted pretty quickly.
$BTC is also trading around the $77K area, with Binance showing the market still under pressure today.
But I don’t think one thing should be ignored here:
ETF outflows tell us that money left these investment products. They don’t tell us exactly where Bitcoin’s price goes next.
For me, the real signal will be whether this outflow streak continues.
If flows stabilize or turn positive again, the current pressure could ease.
If large outflows keep appearing, I’d take the weakness much more seriously.
I’m watching the next few sessions instead of trying to predict the bottom.
What are you watching more closely right now: ETF flows or $BTC price action?
#BinanceReopensWithdrawalsForMoreAssets #Bitcoin #BTC #BinanceSquare #Crypto #BitcoinETF #BTCUSDT #CryptoMarket #DYOR
U.S. spotted Bitcoin ETFs recorded roughly $398.6M in net outflows on November 2.
That was the second consecutive outflow session.
And when I combine it with October 30, the two sessions saw roughly $1.04B leave Bitcoin ETFs.
That is a meaningful change from the four-session inflow streak we saw from October 26 to October 29.
During those four sessions, Bitcoin ETFs had attracted roughly $440.8M.
So the recent flow picture has shifted pretty quickly.
$BTC is also trading around the $77K area, with Binance showing the market still under pressure today.
But I don’t think one thing should be ignored here:
ETF outflows tell us that money left these investment products. They don’t tell us exactly where Bitcoin’s price goes next.
For me, the real signal will be whether this outflow streak continues.
If flows stabilize or turn positive again, the current pressure could ease.
If large outflows keep appearing, I’d take the weakness much more seriously.
I’m watching the next few sessions instead of trying to predict the bottom.
What are you watching more closely right now: ETF flows or $BTC price action?
#BinanceReopensWithdrawalsForMoreAssets #Bitcoin #BTC #BinanceSquare #Crypto #BitcoinETF #BTCUSDT #CryptoMarket #DYOR
