btc etfs saw another $483.8m leave today, extending the outflow streak to eleven days. that brings the five-day total to negative $1.9b, and total aum sits at $91.2b. cumulative net inflow since launch is still $55.2b, but the trend is grinding lower. for this to flip, btc spot price would need to hold above a level that breaks the daily liquidation cascade. more at falsifylab.com #OnchainAlpha #BTCFlow #ETHFlow $BTC

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Originally published on FalsifyLab Substack.