#USCryptoETFsLose$1.48BInFiveDays
🚨 Investors bought the dip in stocks. Money kept flowing out of crypto ETFs.
From Nov. 4 to 10, ten major U.S. stock ETFs took in $37.5 billion in net inflows. Over the same five trading sessions, U.S. spot ETFs tracking six major cryptocurrencies saw $1.48 billion in net outflows.
Bitcoin ETFs accounted for most of those withdrawals, with $1.06 billion in net outflows. Ethereum ETFs saw another $326 million leave.
What I’m watching next is whether a Bitcoin bounce comes with several sessions of net inflows into its spot ETFs. That would be a sign that demand from ETF investors is coming back.
If $BTC bounces while ETF outflows continue, are you buying the dip or waiting for confirmation?
🚨 Investors bought the dip in stocks. Money kept flowing out of crypto ETFs.
From Nov. 4 to 10, ten major U.S. stock ETFs took in $37.5 billion in net inflows. Over the same five trading sessions, U.S. spot ETFs tracking six major cryptocurrencies saw $1.48 billion in net outflows.
Bitcoin ETFs accounted for most of those withdrawals, with $1.06 billion in net outflows. Ethereum ETFs saw another $326 million leave.
What I’m watching next is whether a Bitcoin bounce comes with several sessions of net inflows into its spot ETFs. That would be a sign that demand from ETF investors is coming back.
If $BTC bounces while ETF outflows continue, are you buying the dip or waiting for confirmation?
