btc etf flow: $-90.7M on june 18. second straight day of outflows. the 5-day total now sits at $-141.0M, so the bleeding is accelerating. daily value traded was $2.4B, which is not panic volume but not sleepy either. total etf aum still $78.3B, cumulative net inflow since launch $53.4B. the big picture remains a massive net positive, but the short-term direction is clearly risk-off. if this outflow streak extends to five days, the narrative shifts from “healthy consolidation” to “something broke.” for now it’s just a two-day wobble. more at falsifylab.com

#BTCFlow $BTC

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Originally published on FalsifyLab Substack.