Quick BTC ETF Update (Patreon)
Published:
2024-08-03 00:42:18
Imported:
2026-06
Content
So far we have a negative $300 Million day - BIG NEGATIVE for BTC. ETH down about $60M. Super crude but it appears ETH now tracks BTC flows to about 15 to 20%. Eg BTC ETF drops 100M - ETH ETF will drop 20M etc.
Blackrock has yet to report but I reckon they are far under $100M
This is a bad day.
Perhaps the market knew something about Recession warnings and Iran tensions ....
More reporting later.
I will be buying more SOL when I see a bottom and may even Perp it.