Bitcoin ETF outflows have reached their sixth consecutive day — but the figures have shrunk sharply.
Today's figures:
• Nov 12 session: $47.7 million outflow — the sixth day in a row (AlphaFinance + Coinfuty, Nov 13).
• The day before, Nov 11: $299.9 million outflow — yesterday's figure was only about one-sixth of that.
• Six sessions total: around $1.49 billion in outflows.
• Over the past 30 days: BTC ETFs saw $2.17 billion in outflows.
• The biggest seller on Nov 12 was actually BITB ($26.4 million), while MSBT saw inflows of $3.3 million — and cumulative inflows since Jan 2024 are still around $55.51 billion.
My take: the ETF outflow tap has slowed sharply, but prices are still falling — BTC is around $68,500, still below $70,000. So the pressure is coming from elsewhere now: around $1.3 billion in futures liquidations and a strengthening dollar. One small day doesn't end the streak; what's changed is the pace, not the direction.
What I'm watching: the Nov 13 session flows, due out tomorrow, and the US PPI tonight at 20:30 WIB.
Do you think these shrinking outflows are the start of a cooldown, or just a pause before the next wave?
This is my analysis, not financial advice — always DYOR.
#AngkaHariIni #ETFBitcoin $BTC
Today's figures:
• Nov 12 session: $47.7 million outflow — the sixth day in a row (AlphaFinance + Coinfuty, Nov 13).
• The day before, Nov 11: $299.9 million outflow — yesterday's figure was only about one-sixth of that.
• Six sessions total: around $1.49 billion in outflows.
• Over the past 30 days: BTC ETFs saw $2.17 billion in outflows.
• The biggest seller on Nov 12 was actually BITB ($26.4 million), while MSBT saw inflows of $3.3 million — and cumulative inflows since Jan 2024 are still around $55.51 billion.
My take: the ETF outflow tap has slowed sharply, but prices are still falling — BTC is around $68,500, still below $70,000. So the pressure is coming from elsewhere now: around $1.3 billion in futures liquidations and a strengthening dollar. One small day doesn't end the streak; what's changed is the pace, not the direction.
What I'm watching: the Nov 13 session flows, due out tomorrow, and the US PPI tonight at 20:30 WIB.
Do you think these shrinking outflows are the start of a cooldown, or just a pause before the next wave?
This is my analysis, not financial advice — always DYOR.
#AngkaHariIni #ETFBitcoin $BTC