Here's a mismatch worth noticing. According to one report, US spot Bitcoin ETFs saw about $681M in net outflows last week and another $228M so far this week, roughly $1B over two weeks. Yet Bitcoin is still trading around $82K.

Stocks haven't helped. The Nasdaq fell more than 4% last week, and the Fear & Greed Index sits at 59, down from 63.

So what's holding the price up? Hard to say. Outflows from ETFs usually point to cautious big money, but the price hasn't followed. Either buyers elsewhere are absorbing the selling, or the pressure just hasn't shown up yet.

What would you read into it: a quiet warning sign, or a market that's tougher than people think?

Not financial advice. Do your own research.

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