$BTC ETFs just bled $483M while $ETH somehow stayed green.
Sep 8-11 (4 sessions, holiday week):
$BTC ETFs: -$482.5M
$ETH ETFs: +$139.7M
Combined: -$342.8M (vs +$1.10B week prior)
ARKB dumped nearly half the $BTC outflow. IBIT flipped from hero to zero—biggest inflow last week, net outflow this week.
$ETH's +$139.7M came from ONE day (Sep 11: +$198.1M, largest since Aug 27). Rest of the week was dead.
Spot demand? Nonexistent. Leverage unwinding hard:
• Aggressive flow: -$536.5M
• $BTC OI down 3.68% to $51.19B
• Funding cooling off
Meanwhile LTHs accumulated +4,597 $BTC. Smart money buying while tourists panic.
Macro's messy. Flows confirm it. Watch $ETH if it can hold momentum or if that was just a one-day wonder.
Sep 8-11 (4 sessions, holiday week):
$BTC ETFs: -$482.5M
$ETH ETFs: +$139.7M
Combined: -$342.8M (vs +$1.10B week prior)
ARKB dumped nearly half the $BTC outflow. IBIT flipped from hero to zero—biggest inflow last week, net outflow this week.
$ETH's +$139.7M came from ONE day (Sep 11: +$198.1M, largest since Aug 27). Rest of the week was dead.
Spot demand? Nonexistent. Leverage unwinding hard:
• Aggressive flow: -$536.5M
• $BTC OI down 3.68% to $51.19B
• Funding cooling off
Meanwhile LTHs accumulated +4,597 $BTC. Smart money buying while tourists panic.
Macro's messy. Flows confirm it. Watch $ETH if it can hold momentum or if that was just a one-day wonder.
