Bitcoin's Correction Isn't Over - ETF Demand
Says So
Bitcoin is sitting near $69K, down over 44% from its $126K peak. And while $BTC has shown a few green days, ETF flows tell a colder story.
Zoom out, and the numbers aren't encouraging.
Over the last 10 trading days, cumulative spot
ETF flows are around -18,000 $BTC . That's
four straight weeks of outflows, including $360M lost just this week. One small green day doesn't reverse a trend.
History adds context. Bitcoin is now 128 days into this drawdown. Once corrections pass the
100-day mark, they rarely end quickly. Past cycles show recoveries from moves this deep take months - sometimes longer.
Add macro pressure: the Fed isn't rushing to cut rates, and the Nasdaq is still weak. When growth stocks struggle, Bitcoin usually doesn't decouple.
The takeaway? Bottoms form when capital flows
back consistently = not when we get random
bounces. For now, ETF data suggests patience may matter more than prediction.