Bitcoin and Ether spot ETFs are net -$986M for October, even after Friday broke an eight-session outflow streak. Bitcoin ETFs alone are down $407M on the month; Ether funds have shed $579M.
Here's the part that doesn't add up: BTC perp funding is only barely negative, around -0.0041% per 8 hours (via CoinGlass). A leverage-driven selloff usually comes with funding deeply negative as shorts pile on. That's not happening. What's actually going on is quieter — institutional spot allocators pulling money out of the wrappers while the derivatives crowd stays close to neutral.
That gap matters for execution. A funding-driven flush tends to mean-revert fast once it's paid off. A slow spot bleed doesn't come with a clock.
Are you weighting ETF flow data over funding right now, or still treating funding as the better leading signal?
#Bitcoin #Ethereum #TradingSignals #TokenBot $BTC $ETH $TBOT tokenbot.com
Here's the part that doesn't add up: BTC perp funding is only barely negative, around -0.0041% per 8 hours (via CoinGlass). A leverage-driven selloff usually comes with funding deeply negative as shorts pile on. That's not happening. What's actually going on is quieter — institutional spot allocators pulling money out of the wrappers while the derivatives crowd stays close to neutral.
That gap matters for execution. A funding-driven flush tends to mean-revert fast once it's paid off. A slow spot bleed doesn't come with a clock.
Are you weighting ETF flow data over funding right now, or still treating funding as the better leading signal?
#Bitcoin #Ethereum #TradingSignals #TokenBot $BTC $ETH $TBOT tokenbot.com