cryptoflows

Last week, crypto investment products saw roughly $1.2 billion in net outflows, with US spot $BTC ETFs taking the brunt of the withdrawals. This marks one of the heaviest weekly outflows since late summer, according to CoinShares data.
ETF Flows Drive the Move
US spot Bitcoin ETFs accounted for nearly all of the global outflows, pointing to an ETF-led reset rather than broad market capitulation. Daily net flows for US ETFs last week were:

Monday: -$186.5M
Tuesday: -$566.4M
Wednesday: -$137.0M
Thursday: +$239.9M
Friday: -$558.4M
Total: -$1.21B
Since then, the trend has shifted slightly, with positive inflows of $1.2M on November 10 and $524M on November 11, indicating a potential stabilization.
btc ETPs led losses at $946M, while Solana products remained positive, thanks to traction in US spot ETFs.

What the Flows and Derivatives Show

The ETF outflows coincided with cooling derivatives activity. Funding rates dropped, and total Bitcoin futures open interest declined, signaling a reduction in leverage and a positioning reset rather than forced liquidations. Over $1B in long liquidations hit majors, clearing excess leveraged positions.

Key takeaway: When outflows are concentrated in ETFs and leverage is low, the next market move depends heavily on ETF flows. If inflows return, Bitcoin’s price discovery can stabilize, followed by derivative markets.

Potential Paths for a Bullish Turn

Gradual Recovery: Three consecutive green ETF days above $200M could lift the three-month basis back to 8–10% annualized. Open interest would likely rebuild gradually, signaling cash-driven demand.

Extended Caution: Another week of ETF outflows over $1B, with four or five red sessions, could prolong passive selling pressure and extend a consolidation period.

Fast Rebound: A single large ETF inflow above $750M could flip weekly flows to net positive, pushing basis above 12–15%. Traders should watch funding to manage leverage risks.

What Traders Should Monitor
Daily ETF flows from Farside for streaks above $200M

Three-month basis approaching 8–10% while funding remains steady

Gradual increase in open interest on CME and offshore venues

$SOL and $XRP products as pockets of resilience

Bottom line: Last week’s $1.2B outflow was ETF-driven, not a market-wide sell-off. The US ETF tape will be the main signal for the next move, with basis and open interest serving as confirmation.
#CryptoFlows #BTCAnalysis
#CryptoMarket #BullishRebound

On April 24, the crypto market witnessed a powerful wave of institutional confidence:

• 4,720 BTC and 35,390 ETH were snapped up via ETF channels — a sign that big players are doubling down!

ETF Flow Highlights:

$BTC ETFs: Witnessed $442 million in net inflows
$ETH ETFs: Registered $63.5 million in net inflows

This surge in ETF activity highlights growing trust in crypto as a regulated, institutional-grade asset class. Bitcoin continues to dominate, while Ethereum follows with solid interest — setting the stage for potential new highs.

Why It Matters:

Strengthens market liquidity
Signals long-term belief in crypto assets
Could drive bullish price action across majors

Stay sharp — when institutions buy, retail follows!

#BitcoinETF #EthereumETF #CryptoFlows #BTC #ETH
$ETH