Spot ETF flows last week (Sep 28–Oct 2):
$BTC funds: +$241M net
But strip out IBIT? -$209M 🩸
BlackRock's IBIT alone pulled $450M while literally every other $BTC fund saw exits.
$ETH funds? Four straight days of bleeding. -$155M total.
BlackRock carrying the entire market on its back while everyone else runs for the exits. That's not bullish distribution—that's one whale propping up the party.
Data via Farside
$BTC funds: +$241M net
But strip out IBIT? -$209M 🩸
BlackRock's IBIT alone pulled $450M while literally every other $BTC fund saw exits.
$ETH funds? Four straight days of bleeding. -$155M total.
BlackRock carrying the entire market on its back while everyone else runs for the exits. That's not bullish distribution—that's one whale propping up the party.
Data via Farside
