ETF BLOODBATH: $258M OUT in 24 Hours! đ±
What a flip!
Yesterday (Sept 24): Bitcoin ETFs saw +$241M INFLOWS â BlackRock iBIT alone +$129M. Everyone thought bulls are back.
Today (Sept 25): -$258.4M OUTFLOWS â biggest reversal since August!
Breakdown:
đŽ Fidelity $FBTC: -$114.8M
đŽ Bitwise $BITB: -$80.5M
đŽ Grayscale $GBTC: -$42.9M
This is pure institutional panic. $241M in, $258M out in 48 hours.
I personally think this is a shakeout before October rally. ETFs always do this before a big move.
What do you think â Buy the dip or more blood coming?
What a flip!
Yesterday (Sept 24): Bitcoin ETFs saw +$241M INFLOWS â BlackRock iBIT alone +$129M. Everyone thought bulls are back.
Today (Sept 25): -$258.4M OUTFLOWS â biggest reversal since August!
Breakdown:
đŽ Fidelity $FBTC: -$114.8M
đŽ Bitwise $BITB: -$80.5M
đŽ Grayscale $GBTC: -$42.9M
This is pure institutional panic. $241M in, $258M out in 48 hours.
I personally think this is a shakeout before October rally. ETFs always do this before a big move.
What do you think â Buy the dip or more blood coming?
