Bitcoin spot etfs flipped the script this year with positive net flows at last but some shady signs are popping up rn 🖤.
Bitcoin Etfs Go Green Yet A Suspicious Twist Lingers 🦇
Those spot btc etfs pulled off their strongest five day streak in ages last week raking in 2.4 billion in fresh inflows 😈. This flipped the yearly numbers positive which felt impossible after heavy drains like 2.43 billion out in may and a massive 4.5 billion gone in june 📉. September 28 kicked off with 31.07 million inflows then 66.19 million tuesday but wednesday saw 148.69 million pulled out even after cooler than expected inflation data hit 🌙. Thursday brought back 102.67 million and friday added 31.7 million wrapping the week near 83 million total 💸. That looks meh next to the prior 2.39 billion haul tho following a tiny 6.21 million week and one with 462.73 million outflows before that 👾.
Ethereum Etfs Slip Back Into Red With More Concerns 💀
Spot eth etfs started the week strong with 17.10 million inflows monday yet lost steam fast as withdrawals hit 2.81 million tuesday then 59.58 million wednesday plus 55.37 million thursday and 17.3 million friday 🔥. The week closed with around 114 million in net outflows which marks the second red week in three 😿. One bright spot was a green week with nearly 690 million inflows but overall cumulative inflows dipped from 13.94 billion down to 13.80 billion lately 🕸️.
Just another echo from the void by iconofsin.eth 💖
