Bitcoin ETF flows reversed in a day: from $74.6 million in inflows to $430.2 million in outflows.

Key figures:
• Thursday, Nov. 5: U.S. spot BTC ETFs −$430.2 million (Farside, final — all 12 funds reconciled)
• Wednesday, Nov. 4: +$74.6 million — that green streak lasted just one session
• FBTC: from +$236.7 million (Wednesday) to −$199.9 million (Thursday), the largest outflow of the day
• IBIT: −$105 million, its fifth consecutive session of outflows
• Last 7 sessions: −$1.36 billion

What this means to me: this is no longer about just one fund seeing outflows — nearly all the major funds saw outflows last Thursday (FBTC, IBIT, GBTC −$49.9 million), right as BTC fell to around $75,500. Institutions came back on Wednesday, then pulled out again on Thursday. But one day doesn't make a trend: what matters is whether flows stop or continue this Friday.

What I'm watching next: Friday's ETF flows and NFP at 8:30 PM WIB tonight — two things that could determine whether institutions return or pull away further.

What do you think: are outflows this large a sign that institutions have given up, or are they just waiting for lower prices?

This is my analysis, not financial advice — always DYOR.

#AngkaHariIni #ETFBitcoin $BTC