Coins in ETFs are still moving
U.S. spot Bitcoin ETFs
As of last Tuesday, U.S. Eastern Time
November net outflows were about $1.6 billion
Seven trading days
Outflows on six days, inflows on one
Largest single-day outflow was about $430 million
It’s mainly BlackRock’s fund seeing redemptions
Fidelity, on the other hand, has had net inflows this month
Outflows have been getting smaller over the past few days
I wouldn’t take this to mean $BTC has bottomed
Fund flows and coin prices often don’t line up
I’ll leave my current position as is for now
#比特币ETF11月净流出16亿美元 $BTC
U.S. spot Bitcoin ETFs
As of last Tuesday, U.S. Eastern Time
November net outflows were about $1.6 billion
Seven trading days
Outflows on six days, inflows on one
Largest single-day outflow was about $430 million
It’s mainly BlackRock’s fund seeing redemptions
Fidelity, on the other hand, has had net inflows this month
Outflows have been getting smaller over the past few days
I wouldn’t take this to mean $BTC has bottomed
Fund flows and coin prices often don’t line up
I’ll leave my current position as is for now
#比特币ETF11月净流出16亿美元 $BTC
