Bitcoin is back above $76,000, but fund flows are less optimistic. $BTC Spot Bitcoin ETFs saw net outflows of $411.9 million on Friday, marking two consecutive days of outflows. BlackRock’s IBIT alone saw $403 million in redemptions, while Fidelity saw inflows of $42.8 million. So far in November, net outflows have totaled about $1.28 billion, with Wednesday the only day to see net inflows. Prices are holding steady, but institutional buying hasn’t followed suit, so the rally’s staying power is questionable. The Fear & Greed Index remains at 25, in the extreme fear zone. My take: let’s first see whether ETF flows turn positive before talking about a trend. #比特币 #ETF For reference only; not investment advice.