Spot $BTC products just lost $679M in a week while $XRP ETFs stayed green for a 13th straight week and sit near $1.8B in total inflows.
The painful part is how fast a leverage long turns that rotation into a liquidation. You think you're early, then the wick takes the position and you're watching the recovery from the sidelines.
New ETFs still attract fresh cash. Older ones are where people take profits. Monday showed the cost of ignoring that. Asian chip stocks cracked, $BTC slid toward $81K, and about $672M got liquidated, mostly longs. Tuesday it was back near $84K, and the bounce looked funded by real money rather than borrowed size.
Hong Kong is also set to list a second spot $SOL ETF, which reads more like someone building a longer book than a one-day trade. The risk is mixing those two clocks. A green streak in a newer fund does not cancel profit taking in the older one, and size on leverage just makes the lag expensive.
Where do you think this flow split goes from here?
#Bitcoin #ETF #Solana
The painful part is how fast a leverage long turns that rotation into a liquidation. You think you're early, then the wick takes the position and you're watching the recovery from the sidelines.
New ETFs still attract fresh cash. Older ones are where people take profits. Monday showed the cost of ignoring that. Asian chip stocks cracked, $BTC slid toward $81K, and about $672M got liquidated, mostly longs. Tuesday it was back near $84K, and the bounce looked funded by real money rather than borrowed size.
Hong Kong is also set to list a second spot $SOL ETF, which reads more like someone building a longer book than a one-day trade. The risk is mixing those two clocks. A green streak in a newer fund does not cancel profit taking in the older one, and size on leverage just makes the lag expensive.
Where do you think this flow split goes from here?
#Bitcoin #ETF #Solana