U.S. spot Bitcoin ETFs had another day of outflows on November 3 (verifiable against public data): total net outflows were about $115.6 million. IBIT led the way out with about $95 million in outflows; Grayscale BTC Mini saw about $52.6 million in outflows. Small inflows into BITB and FBTC couldn’t stop the overall total from staying in the red.
Monday’s roughly $400 million in outflows has already been covered; tonight, just adding Tuesday: outflows were smaller than Monday’s, but still continued. Combined outflows for the first two days of November were about $514 million. BTC is currently around $78,200, with ETH near 2,320. Don’t mistake “slowing outflows” for a bottom.
At Xu hour, the Hexagram Great Exceeding, Lake above Wind, with the fifth line changing. Great Exceeding means the beam is under too much weight—don’t try to tough it out. “A withered willow blooms” in the fifth line means don’t mistake surface-level flowering for a reversal. I’d lean toward first watching whether there are consecutive net inflows and whether the market can hold steady. Slowing outflows ≠ money coming back.
Personal opinion, not investment advice.
Monday’s roughly $400 million in outflows has already been covered; tonight, just adding Tuesday: outflows were smaller than Monday’s, but still continued. Combined outflows for the first two days of November were about $514 million. BTC is currently around $78,200, with ETH near 2,320. Don’t mistake “slowing outflows” for a bottom.
At Xu hour, the Hexagram Great Exceeding, Lake above Wind, with the fifth line changing. Great Exceeding means the beam is under too much weight—don’t try to tough it out. “A withered willow blooms” in the fifth line means don’t mistake surface-level flowering for a reversal. I’d lean toward first watching whether there are consecutive net inflows and whether the market can hold steady. Slowing outflows ≠ money coming back.
Personal opinion, not investment advice.
