According to @CoinMarketCap, BTC ETFs recorded $524 million net inflows while ETH ETFs saw $107 million net outflows on Nov 12, 2025, signaling a same-day allocation shift via ETF channels; source: CoinMarketCap on X https://twitter.com/CoinMarketCap/status/1988545305483018560. Such ETF flow divergences indicate relative demand rotation between BTC and ETH in listed funds that traders can use for positioning and spread monitoring; source: CoinMarketCap on X https://twitter.com/CoinMarketCap/status/1988545305483018560. ETF creations and redemptions connect fund share demand with underlying asset transactions, a key mechanism when interpreting sustained net inflows or outflows; source: U.S. SEC Investor.gov ETF overview https://www.investor.gov/introduction-investing/investing-basics/investment-products/exchange-traded-funds-etfs.

According to @rovercrc, a wallet described as a Satoshi-era whale sold 2,000 BTC valued at 221 million dollars and accumulated 49,850 ETH valued at 219 million dollars, with the update posted on Aug 30, 2025 (source: @rovercrc on X). According to @rovercrc, the dollar values of the BTC sale and ETH purchase are closely matched, indicating a direct rotation between BTC and ETH that is relevant to order flow monitoring (source: @rovercrc on X).