The flows haven't been great lately...

Anyone that was basing their bitcoin price targets and moon targets on the rate of bitcoin ETF inflows has to throw those models out the window.

We have seen several days in a row of outflows.

(Source: https://twitter.com/BitcoinNewsCom/status/1786010249477959682)

In fact, 9 of the last 14 days have seen outflows.

I suspect we are getting close to the end of that as we are due to bounce, but those models simply won't work with putting in $500 million worth of inflows every single day etc.