Biggest BTC ETF outflow since beginning happened yesterday!
The biggest single day outflow of BTC ETF happened yesterday (source: https://farside.co.uk/btc/). If I understand this correctly that means we are going to see a MASSIVE pullback in 1-2 days when the ETF funds start to correct their positions. We have had almost consistent outflow of the BTC ETF for the last 2 weeks! Things are not looking to good at the moment.
With Tesla falling in price and sales, are we going to see them sell their BTC holdings as well? What's next MSTR? Are the dominos starting to fall?
submitted by /u/Petursinn
[link] [comments]