ETFs Ran Seven Straight Green Sessions, and 88% of It Landed After the Move For Aug 17-25: 🟠 BTC ETFs: +$2.38B, price +25.69% 🔵 ETH ETFs: +$899.0M, price +32.43% Seven sessions took in +$3.28B, with both Bitcoin and Ethereum ETFs positive every day. That ranks in the 91.7th percentile of rolling seven-session windows since Jan 2024. But flow followed price, not the reverse. Only +$392.9M arrived on Aug 17-18. After the Aug 19 Treasury buyback headline, ETFs took in +$2.88B, or 88% of the total. That same period accounted for 86% of the price move. Aug 19 also cleared $2.99B of liquidations, the 8th-largest day on record, with $2.6B coming from bearish bets. Open interest stayed elevated after the squeeze, sitting at the 95.6th percentile of the past 90 days over Aug 17-23. Funding averaged just the 60th percentile, so leverage stayed high without longs getting particularly expensive.