I just saw that spot Bitcoin ETFs had a pretty strong move yesterday. According to tracking data, the net outflow reached $291 million, the highest in the past two weeks. The interesting part is that FBTC led the outflows with $229 million, while ARKB recorded an additional $62.9 million.

This made me think of something I've been observing: there is a fairly clear correlation between these fund movements in crypto ETFs and the BTC price. When you see these significant outflows, the market usually reacts. Some traders are using this relationship to set up automatic alerts based on capital flows.

I don't know if this means we'll see more downward pressure or if it's just a temporary correction. Anyway, it's an interesting data point to keep on your radar if you're tracking the movements of these funds.