Gm gm fams
Interesting shift in ETF flows yesterday
Out of all the US spot Bitcoin and Ethereum ETF issuers, BlackRock was the only one that saw net outflows
Around $18.6M left its crypto funds, almost evenly split between IBIT and ETHA
Not a massive number in isolation, but notable considering it stood alone on outflow side
At the same time, Bitcoin ETFs overall finally saw a small bounce with about $15.2M in net inflows, breaking the recent selling streak
On paper, that sounds like momentum might be stabilizing
But zoom out a bit
This week alone, roughly $360M has flowed out of Bitcoin ETFs