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Pharaoh’s Market Watch
BTC ETFs saw $3.8B in inflows over three weeks, but momentum is fading. Sept. 8 recorded a $46.46M outflow, following $236M on Sept. 1.
With ETFs still ~$1B negative YTD and flows concentrated in IBIT and FBTC, this looks more like sentiment recovery than a strong trend.
CPI on Sept. 11 and the FOMC on Sept. 15–16 could keep markets cautious.
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