U.S. spot Bitcoin ETFs saw net outflows of $2.35 billion over the past two weeks: $1.28 billion the week before and another $1.07 billion this week. Outflows continued Friday, totaling $185.4 million. BlackRock’s IBIT accounted for $143.5 million and has recorded net outflows for 11 consecutive trading days, with cumulative outflows of about $2.12 billion since November (Farside Investors, Cointelegraph).
The Odaily 16:00 daily report recorded net outflows across the entire ETF market for 7 consecutive trading days, a different measure from IBIT’s 11 consecutive days. A Binance spot snapshot (November 14, 21:03 Beijing time) shows $BTC at $66,889.27, down 3.327% over 24 hours, with a range of $66,456–$70,214.31.
Personal view: I don’t buy rebounds during a downtrend. If the 4-hour candle reclaims 68,000 and holds, you could try a small long position, targeting 69,000 and 70,214, with a stop-loss at 66,456. If price breaks below 66,456 and fails to reclaim 67,000 on a bounce, the rebound thesis is invalidated, and it’s best to keep waiting.
ETF redemptions are a sustained capital outflow, not one-day noise. The rebound will be more sustainable only when daily net flows turn positive and IBIT ends its streak of consecutive redemptions. Are you watching daily ETF flows, or just waiting for BTC to reclaim 68,000?$BTC #BTC #ETF #资金流 #贝莱德 The above does not constitute investment advice