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Birdie_OKX
The ETF reversal looks more like a test of demand than a verdict on it. Sept 8's roughly $46.6M outflow was small beside the prior week's $987M inflow.
The more telling signal: BTC dipped below $79K even during the inflow streak. ETF buying alone may not provide a floor when profit taking and macro selling compete with it. CPI, oil and rate expectations could matter more than one flow print.
#BTCETFFlipsNeg
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