📢 MARKET FLOW UPDATE: The "BlackRock Divergence"
New Farside data reveals a unique shift in institutional behavior. Bitcoin ETFs remain net positive despite the market leader selling off.
📊 Bitcoin ETF Flows (Net: +$54.8M)
The market absorbed BlackRock's selling pressure and kept climbing.
The outlier: IBIT (BlackRock) saw -$32.5M outflows.
The saviors: ARKB (+$42.8M) and FBTC (+$27.3M) offset the IBIT dip entirely.
Support: BITB (+$4.9M), HODL (+$11.4M), BTCW (+$0.9M).
📉 Ethereum ETF Flows (Net: -$75.2M)
Momentum continues to lag significantly behind BTC products.
Note: Specific granular data for ETH funds remains sparse, with only ETHA providing distinct reporting.
Implied Sentiment: Buyers are stepping in to bid spot BTC even when the largest player is distributing. Bullish divergence.
BTCUSDT
Perp
89,427.3
-0.10%