$BTC - Recovery momentum meets a demand test as derivatives exposure climbs and ETF redemptions hit 643M USDT.
Selected derivatives exposure has risen while spot ETFs saw net outflows of 643M USDT.
The November 6 payrolls report looms as the next macro catalyst.
Whether buyers absorb the supply or the rally stalls remains the open question.
#ETF #Institutional
Selected derivatives exposure has risen while spot ETFs saw net outflows of 643M USDT.
The November 6 payrolls report looms as the next macro catalyst.
Whether buyers absorb the supply or the rally stalls remains the open question.
#ETF #Institutional