Gm gm fams Interesting shift in ETF flows yesterday Out of all the US spot Bitcoin and Ethereum ETF issuers, BlackRock was the only one that saw net outflows Around $18.6M left its crypto funds, almost evenly split between IBIT and ETHA Not a massive number in isolation, but notable considering it stood alone on outflow side At the same time, Bitcoin ETFs overall finally saw a small bounce with about $15.2M in net inflows, breaking the recent selling streak On paper, that sounds like momentum might be stabilizing But zoom out a bit This week alone, roughly $360M has flowed out of Bitcoin ETFs That makes four consecutive weeks of net withdrawals something we haven’t seen since late last year So while yesterday was technically green, broader trend still feels soft It doesn’t look like panic looks more like hesitation Big money isn’t aggressively exiting, but it’s also not stepping in with conviction Until we see sustained inflows not just one positive day it’s hard to call this a real turnaround For now, flow data says one thing clearly the bounce is cautious, and confidence is still rebuilding streak is broken but the bleeding continues(Justin Wu)