🚨INSTITUTIONS JUST SOLD $89.7M IN BTC ETFS YESTERDAY
After $933M of INFLOW last week... the streak broke. 📉
April 28 ETF flows:
🔴 IBIT (BlackRock): -$112M
🟢 ARKB (Fidelity): +$41.2M
🔴 Net total: -$89.7M
First net outflow after a massive streak.
This is institutional de-risking into FOMC.
But here's what most people miss:
IBIT still holds 806,700 BTC
That's 3.8% of Bitcoin's circulating supply
Total ETF NAV: $100.39 BILLION
One day of outflows doesn't break the trend.
What matters is the NEXT 48 hours:
Scenario 1: Powell dovish → ETFs flip back to inflows → BTC rips
Scenario 2: Hawkish hold + continued outflows → $73K test likely
The liquidation data tells the real story:
💀 $231.8M rekt in 24h
💀 $157M was SHORTS getting squeezed
💀 Largest single rekt: $6.65M ETH long on Binance
Shorts are the fuel. ETFs are the direction.
Watch 4 PM ET flows TODAY. If inflows return post-FOMC, bears are done.
If outflows continue... tighten your seatbelt.
What's your BTC price target by Friday?
Bull or bear — I want to hear it 👇