The institutions are NOT agreeing on Bitcoin — and that's the story.
After 3 straight days of ETF outflows ($1.16B gone), US spot Bitcoin ETFs flipped back to +$74.6M net inflows on Nov 4 (Farside Investors).
But look closer:
• Fidelity's FBTC: +$236.7M — its biggest inflow in recent sessions
• BlackRock's IBIT: -$201.2M out on the SAME day
Same market, opposite bets. Meanwhile $378M in shorts got liquidated in ONE hour as $BTC bounced from $75,600 back above $80,000.
Takeaway: don't copy one institution — watch the split. The next test is the $81,300–$82,000 resistance zone.
Who do you think is right — Fidelity buying, or BlackRock selling? 👇
#Bitcoin #ETF #Crypto
After 3 straight days of ETF outflows ($1.16B gone), US spot Bitcoin ETFs flipped back to +$74.6M net inflows on Nov 4 (Farside Investors).
But look closer:
• Fidelity's FBTC: +$236.7M — its biggest inflow in recent sessions
• BlackRock's IBIT: -$201.2M out on the SAME day
Same market, opposite bets. Meanwhile $378M in shorts got liquidated in ONE hour as $BTC bounced from $75,600 back above $80,000.
Takeaway: don't copy one institution — watch the split. The next test is the $81,300–$82,000 resistance zone.
Who do you think is right — Fidelity buying, or BlackRock selling? 👇
#Bitcoin #ETF #Crypto