After 5 straight days of solid inflows into #Bitcoin# ETFs, the last two days have flipped red — and hard.

On August 1st alone, we saw over $812M in net outflows, with big names like #Fidelity# , #Ark# , and #Grayscale# leading the bleed. That’s not a small dip — it’s one of the heaviest outflow days in months.

Now, combine that with price pulling back, and it’s easy to panic…

But here’s the thing:
This feels like one of those textbook shakeouts — the kind that sets up the next big move.

We’ve seen it before:
Strong inflow streak → short correction → then price rips higher.

Sentiment is shaky right now, but structurally nothing’s changed. Long-term conviction from institutions is still there — they bought heavy all through July.

If #BTC# holds key levels here, this could age as one of the best dips before the next leg to $120K+.

Let’s see how the weekend closes.