Flow Tape
Wednesday's tape was blank on both sides of the ledger. InflowScan data shows no funds crossed into net inflow or net outflow territory in the settled session — a rare fully neutral print across the complex.
- Top inflows: none reported
- Top outflows: none reported
The absence of dispersion is itself the story. With BTC and ETH product coverage fully in and no issuer registering directional demand, the day's tape suggests creation and redemption activity offset within each fund rather than a broad-based bid or exit. SOL coverage stood at 5-of-11 funds and XRP at 0-of-9, so the wrap on those two assets remains incomplete.
7-Day Context
Trailing 7-day and 30-day cumulative figures are not available in tonight's tape given incomplete settling days across the SOL and XRP cohorts. A flat Wednesday print is consistent with a pause in directional flow rather than a reversal, though the reduced coverage on altcoin products limits the read.