$BTC ETF BUYING PRESSURE IS FADING
The ETF bid has weakened again.
After returning in late August and supporting the market for just over three weeks, flows have now shifted back toward net redemptions.
What stands out is the timing: ETFs were buying during and after the rally, but that demand has not followed through into the current Bitcoin-native dip.
For BTC, ETF flows remain an important liquidity signal to watch. If inflows return, they could provide fresh support; if redemptions continue, the market may need to rely more heavily on native spot demand.
The ETF bid has weakened again.
After returning in late August and supporting the market for just over three weeks, flows have now shifted back toward net redemptions.
What stands out is the timing: ETFs were buying during and after the rally, but that demand has not followed through into the current Bitcoin-native dip.
For BTC, ETF flows remain an important liquidity signal to watch. If inflows return, they could provide fresh support; if redemptions continue, the market may need to rely more heavily on native spot demand.
