
While a lot of people are calling for an altseason, ETF flows are telling a different story.
Spot BTC ETFs just pulled about $54M in a single day, making it four consecutive days of inflows. Most of that demand is coming through large issuers like BlackRock and Fidelity.
Historically, multi-day inflow streaks like this have often come before stronger BTC price moves, since it usually reflects steady institutional accumulation rather than short-term speculation.
Do ETF flows still matter for price discovery, or has the market become big enough that they’re just noise now?
https://i.redd.it/hz2u021jiyog1.png
Posted by human_signals