🧮 Understand the scale: just how large are November’s ETF outflows?
1️⃣ November MTD outflows: ~1.58B (Farside, through Nov 10)
2️⃣ Total BTC ETF holdings: ~92.8B
3️⃣ Meaning: so far, this month’s outflows are only ~1.7% of holdings
This isn’t a “everything is fine” post — the streak is painful and affects sentiment. But perspective matters: 1.7% of holdings could be a large institution rebalancing, not a full exit. Look at the donut. 🍩
The rule of data literacy: read both SIZE and direction. 📏
$BTC
#BitcoinETF #DataLiteracy #CryptoMarkets
1️⃣ November MTD outflows: ~1.58B (Farside, through Nov 10)
2️⃣ Total BTC ETF holdings: ~92.8B
3️⃣ Meaning: so far, this month’s outflows are only ~1.7% of holdings
This isn’t a “everything is fine” post — the streak is painful and affects sentiment. But perspective matters: 1.7% of holdings could be a large institution rebalancing, not a full exit. Look at the donut. 🍩
The rule of data literacy: read both SIZE and direction. 📏
$BTC
#BitcoinETF #DataLiteracy #CryptoMarkets
