btc etf flows: -$125.3m today, 10th straight day of outflows. five-day total now -$1,526.5m, aum sits at $94.2b. cumulative net inflow since launch still $55.7b. daily value traded $2.2b.

for the streak to flip, we’d need a session where price action holds above the prior day’s close and etf buyers absorb the arb unwind that’s been driving these redemptions.

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Originally published on FalsifyLab Substack.