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CAPITAL ISN’T LEAVING CRYPTO. IT’S ROTATING. ETF flows for Sep 14–18 show divergence: $BTC: +$6.1M — basically flat. $ETH: -$140.6M — despite +$143.7M Friday. $SOL: +$60.7M — strongest flow of the three. Now $BTC is above $86K, $ETH above $2.7K, and $SOL near $117. The question isn’t whether crypto is moving. It’s whether capital continues to expand beyond $BTC. $BTC → Liquidity $ETH → Confirmation $SOL → Momentum No confirmation. No FOMO. Watching $ETH or $SOL for the next capital rotation?