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$BTC and $ETH are facing a real flow test. Spot ETFs saw another ~$520M combined outflow on Sept. 16, taking two-day withdrawals above $1B. BTC ETFs lost ~$296M while ETH ETFs saw ~$224M leave. Price is holding for now, but the key question is whether buyers can absorb this selling. If ETF outflows continue, I’d expect volatility to stay elevated. No need to chase either side here.