Is the ETF bid coming back — or is price telling a different story?
$524.8M into spot BTC ETFs on Oct 21 (Farside), a second $500M+ day in three sessions. Yet $BTC sits near $82,300, still 33% off its peak.
My take: two half-billion days looks like institutions re-accumulating, and the money is picking sides — ETH ETFs managed +$14.9M after -$26.1M.
BUT one session does not change the whole trend: $526M landed Oct 19 and BTC still slid. Flows build the floor, sellers set the ceiling.
Third green day or wider breadth — which confirms it?
Not financial advice. DYOR.
#crypto #ETF #bitcoin
$524.8M into spot BTC ETFs on Oct 21 (Farside), a second $500M+ day in three sessions. Yet $BTC sits near $82,300, still 33% off its peak.
My take: two half-billion days looks like institutions re-accumulating, and the money is picking sides — ETH ETFs managed +$14.9M after -$26.1M.
BUT one session does not change the whole trend: $526M landed Oct 19 and BTC still slid. Flows build the floor, sellers set the ceiling.
Third green day or wider breadth — which confirms it?
Not financial advice. DYOR.
#crypto #ETF #bitcoin