ETF flows just turned mixed, not bullish and not bearish. 📊
Farside Investors data, reported on 4 November, showed the Bitwise Bitcoin ETF recording a daily net inflow of 21.9 million dollars, while a TLT brief noted United States spot Bitcoin ETFs saw outflows of 643.2 million dollars on 30 October. 🚀 My reading is that one green ETF day does not erase a week of outflows, but it does stop the bleeding story from running away. Flows are the slow money in this market, and slow money turning mixed usually means the fast money, the leveraged traders, decides the next move first.
Do ETF flows matter more to you this week, or do the 76,303 and 77,966 levels matter more? 🤔
Follow for more trades.
#Crypto #Bitcoin #FuturesTrading #TradingSignals #BitcoinETF
Farside Investors data, reported on 4 November, showed the Bitwise Bitcoin ETF recording a daily net inflow of 21.9 million dollars, while a TLT brief noted United States spot Bitcoin ETFs saw outflows of 643.2 million dollars on 30 October. 🚀 My reading is that one green ETF day does not erase a week of outflows, but it does stop the bleeding story from running away. Flows are the slow money in this market, and slow money turning mixed usually means the fast money, the leveraged traders, decides the next move first.
Do ETF flows matter more to you this week, or do the 76,303 and 77,966 levels matter more? 🤔
Follow for more trades.
#Crypto #Bitcoin #FuturesTrading #TradingSignals #BitcoinETF
