🐋 WHALE WATCH : BITCOIN ETF STILL ATTRACTING CASH BUT ARE WE BEING TOO OPTIMISTIC ?

Theres a number that seems pretty ordinary at first glance but I think you guys should pay attention to it.
The week ending September 25 Bitcoin Spot ETF recorded net inflows of about $2.39 billion. Cumulatively total net inflows have reached about $57.55 billion while the total value of assets under management is up to about $108.42 billion.
Sounds too good to be true right fellas ?
But if you look a little closer the previous week saw inflows as high as $6.21 billion. That means money is still flowing into the ETF but the intensity has dropped quite a bit.
Personally I think this is the part worth paying attention to.
I dont think seeing the ETF suck in money automatically means Bitcoin will pump right away. The ETF shows that demand for exposure to Bitcoin through traditional markets is still huge but the price still depends on a lot of other things: market sentiment leverage liquidity and especially whether these inflows will continue to hold up in the coming weeks.
To put it simply for easy visualization: water is still flowing into the pool but if the flow slows down we should keep an eye on it.
For me this data isnt reason to get too excited yet its reason to keep watching the inflows.
What do you guys think ? Is the ETF continuing to pull in billions of dollars each week like this enough to give us confidence in Bitcoins trend or is it still too early to call ?