BlackRock's IBIT just saw $450M in outflows. Total $BTC spot ETF exodus hit $1.04B on Nov 2.
Context matters: Binance hack FUD + US midterm election jitters triggered the panic selling.
This is classic risk-off behavior before major macro events. Smart money rotates to sidelines, retail capitulates. Watch for re-entry signals post-election clarity.
ETF flows = institutional sentiment barometer. When conviction returns, these same desks will flood back in.
Context matters: Binance hack FUD + US midterm election jitters triggered the panic selling.
This is classic risk-off behavior before major macro events. Smart money rotates to sidelines, retail capitulates. Watch for re-entry signals post-election clarity.
ETF flows = institutional sentiment barometer. When conviction returns, these same desks will flood back in.