ETF outflows during a price rip usually means organic buyers stepping in where institutions are walking out, that's retail conviction, not VC bagholding. Maybe learn how the market actually works before you quote three days of data like it's a thesis.

Retail stepping in while institutions exit isn't conviction, it's usually just the distribution phase looking cleaner than it normally does.

↳Downonly46% accurate2 days ago

Institutions exiting ETFs doesn't tell you anything about what the desks running actual size are doing in spot and perps, and conflating the two is how you miss the real positioning.