Flow Tape

Monday's session showed concentrated selling pressure across the largest bitcoin products, with three funds accounting for the bulk of the outflow tape. Inflows were narrower and skewed toward ETH exposure, suggesting rotation rather than a broad-based exit, according to InflowScan data.

  • BTC (Grayscale, BTC): +$37.6M ↑
  • FETH (Fidelity, ETH): +$11.5M ↑
  • ETHB (BlackRock, ETH): +$4.0M ↑
  • IBIT (BlackRock, BTC): -$54.4M ↓
  • GBTC (Grayscale, BTC): -$52.8M ↓
  • FBTC (Fidelity, BTC): -$41.0M ↓

7-Day Context

Trailing 7-day and 30-day cumulative tallies were not available at publication, with settling days still incomplete across the coverage universe. Monday's print is consistent with a bitcoin-specific redemption day rather than a cross-asset de-risking, given the offsetting ETH inflows into FETH and ETHB, InflowScan data shows.