Friday’s bitcoin ETF outflows barely improved on Thursday. $411.9M left, versus $430.2M the day before. The split is what caught my attention. IBIT lost $403M while Fidelity’s FBTC attracted $42.8M. Across the five sessions, net outflows reached $1.282B. I read that as uneven demand. Some buyers are still allocating, but their purchases haven’t absorbed the redemptions elsewhere. That makes the next session’s breakdown more useful to me than another headline about institutions buying or selling bitcoin. Does IBIT’s selling ease, and do inflows start appearing across more funds?
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