BTC — Spot ETF Flows | Heavy Friday Outflows, Monday Data Still Pending November 3, 2026 Latest Reported Session — November 2 Preliminary Net Inflow → +$6.70M Net BTC Inflow → +85.55 BTC Fidelity FBTC → +85.55 BTC BlackRock IBIT → Pending Other funds → Some reports still pending These are incomplete figures, not the final ETF result. Previous Session — October 30 Bitcoin ETFs recorded substantial net outflows: Total → −8.25K BTC BlackRock IBIT → −3.00K BTC Fidelity FBTC → −2.58K BTC ARK ARKB → −1.66K BTC Grayscale GBTC → −683.66 BTC Bitwise BITB → −329.64 BTC Several major funds reported outflows simultaneously. Cumulative ETF Data Total Net Inflow → +$57.44B Cumulative Net BTC Inflow → +717.40K BTC Total Net Assets → $102.77B Interpretation Friday's heavy ETF outflows were an important warning signal. BTC is now trading around $77K, while weekly spot and futures netflows remain negative. Monday's preliminary ETF figures show a small positive balance, but BlackRock's data is still missing. It is too early to conclude that institutional ETF demand has recovered. Conclusion The key question is whether Friday's selling pressure continued into Monday or whether ETF flows are beginning to stabilize. BlackRock's final figures will be particularly important. We will update this analysis once the remaining fund reports become available. ETF reporting is incomplete. Confirmation matters. Not financial advice.

BTC — Spot, Futures & Market Structure November 3, 2026 Current BTC is trading around $77.02K (-1.74%). After a three-day break in our market updates, Bitcoin remains under pressure. 24H High → $78,853.5 24H Low → $76,641.0 Compared with our October 30 update, daily spot and futures outflows have moderated significantly. However, both remain negative, and price is still below key daily moving averages. Spot Flows 5m → -$5.52M 15m → -$11.98M 30m → -$14.30M 1H → -$18.94M 2H → -$1.18M 4H → +$8.90M 6H → +$2.31M 8H → -$11.65M 12H → -$38.12M 24H → -$81.58M 1W → -$488.59M October 30 snapshot: -$381.87M (24H). Daily outflows are less severe than in our previous report. But short-term readings remain predominantly negative, while weekly netflows show persistent weakness. Futures Flows 5m → -$27.82M 15m → -$30.94M 30m → -$14.02M 1H → -$96.42M 2H → +$45.33M 4H → -$14.86M 6H → +$79.23M 8H → -$107.24M 12H → -$401.19M 24H → -$244.18M 1W → -$3.00B October 30 snapshot: -$1.71B (24H). Futures outflows have moderated considerably. However, the negative 12H and weekly readings indicate that broader derivatives pressure has not disappeared. Exchange netflows alone do not establish directional buying or selling. Market Structure BTC remains below its daily moving averages: MA(5) → $77.39K MA(10) → $78.73K MA(30) → $81.30K Price recently tested $76,641 before rebounding toward $77K. On the hourly chart, open interest has been rising during the latest stabilization, while momentum indicators remain weak. This warrants caution: increasing exposure does not independently confirm bullish positioning. Interpretation The market shows a partial improvement in flows, but not in overall structure. Spot 24H → Negative, less severe Futures 24H → Negative, less severe Spot 1W → -$488.59M Futures 1W → -$3.00B Price → Around $77K Daily Trend → Below MA(5), MA(10) and MA(30) The reduced daily outflows are encouraging, but negative weekly flows and weak price action remain important obstacles. Conclusion BTC needs to reclaim $77.4K and then $78K–$78.9K to improve its immediate structure. Failure to hold $76.6K would bring the recent $76.27K low back into focus. The market is showing signs of stabilization in some flow metrics, but a sustained bullish reversal is not yet confirmed. Risk Lower outflows do not automatically indicate accumulation. With weekly flows still negative and price below key moving averages, downside volatility remains a risk. Not financial advice.

BTC — Spot, Futures & Market Structure October 30, 2026 Current BTC is trading around $78.04K (-2.19%). Yesterday, we identified $79K as a critical level. A breakdown would increase downside risk. That scenario has now played out. BTC fell to $76,444 before recovering toward $78K. Today's data shows a significant deterioration in both spot and futures flows. Spot Flows 5m → -$9.36M 15m → -$886.22K 30m → +$7.33M 1H → +$11.64M 2H → +$5.69M 4H → -$122.62M 6H → -$304.25M 8H → -$524.58M 12H → -$569.10M 24H → -$381.87M 1W → -$294.98M Yesterday's 24H reading was +$131.52M. Spot netflows have reversed sharply into negative territory. Small 30-minute to 2-hour inflows have not offset the larger outflow pattern. Futures Flows 5m → +$25.76M 15m → +$61.77M 30m → +$317.31M 1H → +$409.32M 2H → +$496.16M 4H → -$262.05M 6H → -$499.41M 8H → -$1.83B 12H → -$2.41B 24H → -$1.71B 1W → -$3.57B Yesterday's 24H reading was -$370.35M. The deterioration is substantial. However, positive flows across the 5-minute to 2-hour windows indicate a short-term recovery in futures netflows. These readings do not independently establish directional buying. Market Structure 24H High → $81,953.7 24H Low → $76,444.0 BTC remains below its 5-day, 10-day and 30-day moving averages. The 15-minute chart shows a sharp selloff followed by a rebound toward $78K. Open interest has also recovered from its intraday lows. This may reflect renewed position building, but OI alone cannot confirm whether new exposure is predominantly long or short. Interpretation Spot 24H → Negative Spot 1W → Negative Futures 24H → Strongly Negative Futures 1W → Deeply Negative Short-term Futures → Recovering Price → Below $79K Open Interest → Rebuilding intraday The main signal is clear: Short-term futures activity is recovering, but broader spot and futures flows remain weak. The rebound is not yet supported by sustained improvement across longer intraday windows. Conclusion $79K has shifted from a key breakdown level to an important area to reclaim. A sustained recovery above $79K–$80K, accompanied by stronger spot flows, would improve the immediate structure. Failure to hold the current rebound could bring the $76.4K low back into focus. Yesterday's downside risk has materialized. Today's recovery is worth monitoring, but a bullish reversal is not yet confirmed. Risk Strong short-term futures inflows after a sharp decline do not guarantee a sustainable recovery. Negative spot flows and broader futures outflows remain important warning signals. Not financial advice.

BTC — Spot, Futures & Market Structure October 29, 2026 Current BTC is trading around $79.77K (-1.64%). Yesterday, improving spot flows helped BTC recover above $80K. Today, the picture has weakened. Spot inflows remain positive on the 24H timeframe, but futures flows have turned negative and price has fallen back below $80K. Spot Flows 5m → -$416.12K 15m → +$927.71K 30m → +$6.81M 1H → +$3.61M 2H → -$1.22M 4H → -$56.90M 6H → -$42.20M 8H → -$3.49M 12H → +$110.93M 24H → +$125.80M 1W → -$240.49M Yesterday's 24H reading was +$201.79M. Daily inflows remain positive, but have declined by approximately 38%. The weekly reading is still negative, although less negative than yesterday. Futures Flows 5m → -$9.89M 15m → -$9.39M 30m → -$6.02M 1H → +$2.29M 2H → +$43.59M 4H → -$558.43M 6H → -$573.84M 8H → -$385.40M 12H → -$340.46M 24H → -$425.08M 1W → -$2.43B Yesterday's 24H reading was +$37.88M. This is a meaningful deterioration. Short-term inflows on the 1H–2H windows have not reversed the substantial 4H–12H outflows. Market Structure BTC has returned below $80K. Price remains below its 5-day, 10-day and 30-day moving averages. The 15-minute chart shows a sharp decline followed by limited stabilization near $79.8K. Futures CVD has weakened, while open interest has recovered from its recent intraday lows. This combination warrants caution, but does not establish the direction of newly opened positions. Interpretation Spot 24H → Positive, but weaker Spot 1W → Negative Futures 24H → Negative Futures 1W → Deeply negative Price → Below $80K Short-term momentum → Weak The main divergence is clear: Spot flows remain positive on the daily timeframe, while futures flows and price action have weakened. Exchange netflows alone do not establish directional buying or selling. Conclusion BTC needs to reclaim $80K and sustain strength above $80.5K–$81K to improve the immediate structure. Failure to stabilize around $79.5K–$79.8K would keep downside risk elevated. Yesterday's recovery was encouraging, but today's data does not yet confirm a sustained reversal. Not financial advice.

BTC — Spot ETF Flows | BlackRock Continues to Lead October 29, 2026 Bitcoin ETFs recorded another positive session despite weakness in BTC price and futures flows. Latest Session — October 28 Total Net Inflow → +$137.30M Net BTC Inflow → +1.70K BTC BlackRock IBIT → +1.68K BTC Bitwise BITB → +16.08 BTC Other reported funds → Zero net flow. BlackRock accounted for approximately 99% of the reported net BTC inflow. Previous Session — October 27 Yesterday's ETF figures were updated after BlackRock's data became available. Total Net BTC Inflow → +2.20K BTC BlackRock IBIT → +1.89K BTC Fidelity FBTC → +305.81 BTC The final figure was substantially stronger than the initially reported +305.81 BTC. Three Consecutive Positive Sessions October 26 → +1.38K BTC October 27 → +2.20K BTC October 28 → +1.70K BTC Combined → Approximately +5.28K BTC BlackRock IBIT led all three sessions. Cumulative ETF Data Total Net Inflow → +$58.06B Cumulative Net BTC Inflow → +725.36K BTC Total Net Assets → $105.92B Daily Trading Volume → $1.71B Interpretation An interesting divergence is developing. Bitcoin remains below $80K, and futures flows have weakened. Yet spot ETFs continue reporting positive net inflows, predominantly through BlackRock. This suggests persistent demand through the ETF channel, but does not establish that the broader spot market has turned bullish. Conclusion ETF flows remain one of the more constructive signals in the current market. However, sustained price recovery still requires confirmation from spot activity, futures positioning and market structure. ETF accumulation and short-term price weakness can coexist. Not financial advice.

BTC — Spot, Futures & Price Structure October 28, 2026 Current BTC is trading around $80.95K (+1.46%). 24H High → $81,270.60 24H Low → $79,468.30 As we noted yesterday, market conditions were improving compared with Monday. Today, BTC has reclaimed $80K and spot netflows have strengthened further. However, futures flows are less convincing. Spot Flows 5m → -$475.80K 15m → -$5.22M 30m → -$7.17M 1H → +$16.33M 2H → +$26.19M 4H → +$49.11M 6H → +$38.81M 8H → +$37.89M 12H → +$114.00M 24H → +$201.79M 1W → -$359.54M Yesterday's 24H reading was +$119.77M. Spot netflows have improved for a second consecutive day. Most intraday windows remain positive, although the latest 15m and 30m readings have turned negative. Weekly flows remain below zero. Futures Flows 5m → +$9.16M 15m → -$32.35M 30m → -$56.61M 1H → +$8.34M 2H → +$89.07M 4H → +$42.60M 6H → -$252.76M 8H → +$33.15M 12H → +$44.41M 24H → +$37.88M 1W → -$2.15B Yesterday's 24H reading was +$292.76M. Futures netflows remain positive over 24H, but have weakened substantially. The negative 6H reading and short-term outflows show that derivatives conditions remain uneven. Exchange netflows alone do not establish directional buying or selling. Price Structure BTC has recovered from below $80K and tested $81.27K. Price is now above its 5-day moving average, but remains below its 10-day and 30-day averages. Immediate levels: Support → $80K Resistance → $81.27K–$81.5K Higher resistance → $82K–$82.7K Interpretation Today's market shows a divergence: Spot 24H → Stronger Futures 24H → Weaker Price → Back above $80K Weekly Flows → Still negative The recovery in price is encouraging, and spot netflows are improving. However, the derivatives data does not yet provide broad confirmation. Conclusion BTC is showing better short-term price structure than yesterday. Holding $80K and reclaiming $81.3K–$81.5K would strengthen the recovery case. A move below $80K would weaken that improvement. For now, spot flows are encouraging, but the broader recovery still needs confirmation. Not financial advice.

BTC — Spot ETF Flows | October 28, 2026 Latest Session — October 27 Reported Net Inflow → +$24.50M Net BTC Inflow → +305.81 BTC Fund Breakdown Fidelity FBTC → +305.81 BTC BlackRock IBIT → Pending Other reported funds → Zero net flow ETF Overview Cumulative Net Inflow → +$57.77B Cumulative Net BTC Inflow → +721.77K BTC Daily Trading Volume → $2.15B Total Net Assets → $107.36B Interpretation The latest reported session remains positive, with Fidelity accounting for the entire currently reported net inflow. BlackRock's IBIT data is still unavailable. This does not necessarily indicate zero activity. The previous session recorded +$110.30M, led by BlackRock. Two consecutive sessions currently show positive reported net flows, although the latest figure remains provisional. Conclusion ETF flows remain constructive on the latest available data, but today's reported inflow is modest compared with the previous session. The final assessment depends on the outstanding IBIT update. ETF flows alone do not confirm an immediate BTC price reversal. Not financial advice.

BTC ETF Flows — Broad-Based Institutional Inflows Latest session — October 21 Daily Total Net Inflow → +$524.80M Total → +6.32K BTC Daily Trading Volume → $4.07B Total Net Assets → $108.15B Fund Breakdown IBIT / BlackRock → +2.83K BTC FBTC / Fidelity → +2.56K BTC GBTC / Grayscale → +392.84 BTC BITB / Bitwise → +231.37 BTC ARKB → +118.09 BTC BTC / Grayscale Mini → +98.81 BTC EZBC / Franklin → +87.97 BTC Seven funds reported positive flows. Market Structure This is significantly stronger than the previous session. October 20 → +283.25 BTC October 21 → +6.32K BTC BlackRock and Fidelity account for approximately 85% of the latest net inflow. More importantly, demand is distributed across multiple funds rather than concentrated entirely in IBIT. Cumulative ETF Flows Total Net Inflow → +$58.41B Cumulative Net BTC Inflow → +729.34K BTC The longer-term accumulation trend remains notable despite recent market volatility. Interpretation ETF demand improved sharply. However, stronger ETF inflows do not automatically confirm an immediate BTC price reversal. Spot market absorption and derivatives positioning still need to stabilize. Conclusion Institutional ETF flows are showing renewed strength. The key question is whether this broader demand persists over the next sessions and translates into sustained spot support. Risk One strong ETF session does not eliminate short-term selling pressure. Not financial advice.

BTC — ETF Flows | Gradual Accumulation Latest US Session — October 20 Daily Total Net Inflow → +$23.20M Total → +283.25 BTC Daily Trading Volume → $2.71B Total Net Assets → $107.85B Buyers IBIT / BlackRock → +365.06 BTC FBTC / Fidelity → +43.95 BTC Sellers BITB / Bitwise → -125.76 BTC 2 buyers vs 1 seller. Long-Term Structure During the summer, cumulative ETF net inflows were around 630K–640K BTC. Today → 723.02K BTC Increase → approximately 83K–93K BTC. Total cumulative net inflow → +$57.89B Interpretation Daily flows remain uneven. But cumulative net inflows continue to expand. Despite market corrections, long-term institutional allocation has been building gradually. Conclusion Today's inflow is modest, especially compared with the previous session. But the larger trend remains positive. Quiet accumulation continues, even without aggressive daily buying. Risk Cumulative inflows do not guarantee short-term price strength. Not financial advice.

BTC — Spot & Futures Flows Current BTC is trading around $82.05K. After four days without a significant structural change, we are resuming our market updates. BTC remains in a consolidation phase. Spot is mixed. Futures show short-term recovery. Weekly flows remain negative. Key zones: Support → $81.1K–$81.5K Resistance → $82.4K–$83.2K Spot Spot demand remains weak. Short-term: 5m → -$371.62K 15m → -$3.36M 30m → -$2.85M Intraday: 1H → +$4.56M 2H → +$10.22M 4H → -$16.29M 6H → -$21.39M 8H → -$1.18M Higher timeframes: 12H → +$62.07M 24H → +$10.26M 1W → -$394.20M Spot absorption is visible, but inflows remain limited. No aggressive spot demand yet. Futures Futures show mixed signals. Short-term recovery: 30m → +$18.99M 1H → +$65.87M 2H → +$110.80M However, selling pressure remains: 4H → -$185.52M 6H → -$163.40M 8H → -$50.77M 12H → -$144.60M Higher timeframes: 24H → +$222.65M 1W → -$1.67B The 24H flow has turned positive, but the broader derivatives structure remains weak. Funding / Market Structure Funding → +0.01% BTC remains near $82K. The recent recovery from $80.62K failed to establish sustained upward momentum. Futures are still driving more activity than spot. Positive funding indicates longs are paying shorts, but it does not confirm strong demand. Interpretation Compared with our previous update: Spot 24H improved from -$231.72M to +$10.26M. Futures 24H improved from -$844.08M to +$222.65M. However: Weekly spot remains negative. Weekly futures remain negative. Intraday flows are inconsistent. The market is stabilizing, but there is no confirmed bullish shift. Conclusion BTC needs sustained spot inflows and a reclaim of $83K–$83.2K to strengthen the recovery. If buying pressure remains weak, BTC may retest $81.1K and the $80.6K area. Risk The recovery remains fragile. Positive 24H flows alone are not enough to confirm a trend reversal. Not financial advice.