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View allBut there’s an important caveat. Close to 90% of the current +$21.9B 30-day ETF netflow came from just Aug. 17–21. As those days roll out of the 30-day window, the headline number can fall sharply even without fresh selling. Watch the new daily flows.
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But there’s one signal that doesn’t confirm the strength. Bitcoin’s price is rising, while 1-year Apparent Demand has declined by roughly 980K BTC. Price up, underlying demand trending down. That divergence is worth monitoring.
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Buterin Dismisses AI Threat to Bitcoin: 90% of His Wealth Stays in Crypto
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