đš $261M Just Left Bitcoin ETFs in One Day. Should You Worry? đ
What it means:
Big investors pulled money out right after the hot CPI report, led by Fidelityâs FBTC ($153M) and BlackRockâs IBIT ($111M). It wiped out Tuesdayâs $176M inflow and put this week at -$151M, after -$681M last week.
Redemptions can force funds to sell real $BTC , so it adds short-term pressure. One day isnât a trend, though. Total ETF inflows since launch are still ~$57B.
What should we do now:
â Donât panic sell on one day of data
â Wait for 2-3 days of flows in the same direction
â Cut leverage until the Oct 27-28 Fed meeting
â Watch $80K as key support, since BTC is near $80.7K
â Set a stop-loss, and keep position sizes small
đŹ Are you buying this dip or waiting for inflows to return? đ
â ïž Not financial advice. DYOR.
#Bitcoin #BTC #ETF #BinanceSquare #SpotBitcoinETFsShed$261M
What it means:
Big investors pulled money out right after the hot CPI report, led by Fidelityâs FBTC ($153M) and BlackRockâs IBIT ($111M). It wiped out Tuesdayâs $176M inflow and put this week at -$151M, after -$681M last week.
Redemptions can force funds to sell real $BTC , so it adds short-term pressure. One day isnât a trend, though. Total ETF inflows since launch are still ~$57B.
What should we do now:
â Donât panic sell on one day of data
â Wait for 2-3 days of flows in the same direction
â Cut leverage until the Oct 27-28 Fed meeting
â Watch $80K as key support, since BTC is near $80.7K
â Set a stop-loss, and keep position sizes small
đŹ Are you buying this dip or waiting for inflows to return? đ
â ïž Not financial advice. DYOR.
#Bitcoin #BTC #ETF #BinanceSquare #SpotBitcoinETFsShed$261M