October Day 1 flow data:
$BTC ETFs flipped green — $102.7M net inflow after Sep 30's -$148.7M dump
IBIT carried the entire move: +$195.6M alone
FBTC -$60.7M / GBTC -$31.4M still bleeding
This wasn't a broad bid. One product propped up the entire complex.
$ETH? Still getting wrecked.
FETH -$23.5M / ETHE -$20.4M
Total stack: -$55.4M
Takeaway: $BTC bounced off IBIT strength post month-end flush. $ETH products? No relief yet. Divergence widening.
$BTC ETFs flipped green — $102.7M net inflow after Sep 30's -$148.7M dump
IBIT carried the entire move: +$195.6M alone
FBTC -$60.7M / GBTC -$31.4M still bleeding
This wasn't a broad bid. One product propped up the entire complex.
$ETH? Still getting wrecked.
FETH -$23.5M / ETHE -$20.4M
Total stack: -$55.4M
Takeaway: $BTC bounced off IBIT strength post month-end flush. $ETH products? No relief yet. Divergence widening.
