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ETF spot institutional fund flows: inflows are slowing down, but the direction hasn't changed; money is still coming in, just at a slower pace. There have been net inflows for 7 consecutive days, totaling about $2.98 billion. This scale is not small historically. The real issue lies in the structure. Funds are highly concentrated in IBIT alone. The other 11 products are either negligible or experiencing outflows. #DailyOrbit