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ETF FLOWS AREN’T SAYING “BUY ETH” On Sept. 14, one detail is easy to overlook. $BTC attracted +$160.04M. $ETH attracted +$121.02M. At first glance, BTC wins. But look at the story:ETH has only $16.42B NAV, versus $100.09B for BTC. In other words, the market is putting significant capital into a much smaller ETH pool. This isn’t about $BTC or $ETH. It’s a different question: When fresh capital enters, which asset is the market willing to price more aggressively? That’s the signal I’ll watch next.