Bitcoin ETF inflows this round are no longer a “test.”
According to Farside monitoring, yesterday U.S. spot Bitcoin ETFs saw net inflows of $999 million, and large net inflows have occurred for three consecutive trading days. This figure is close to $1 billion, suggesting that institutional channel funds are re-accelerating their buying of BTC, and the market has more confidence in holding up after the breakout. Source: BlockBeats.
Next, there are two points to watch: first, whether BTC can continue to hold the breakout range; second, whether ETF net inflows can be sustained. If capital continues to flow in, spot buying demand and trend confidence will be further reinforced; if it turns to outflows, pullbacks in chase positions will also happen faster.
Which do you care more about: BTC continuing to hold its breakout level, or whether ETF funds can maintain this inflow momentum?
Figure 1: Bitcoin ETF single-day inflows near $1 billion · News highlights
Image source: https://www.theblockbeats.info/flash/368376
According to Farside monitoring, yesterday U.S. spot Bitcoin ETFs saw net inflows of $999 million, and large net inflows have occurred for three consecutive trading days. This figure is close to $1 billion, suggesting that institutional channel funds are re-accelerating their buying of BTC, and the market has more confidence in holding up after the breakout. Source: BlockBeats.
Next, there are two points to watch: first, whether BTC can continue to hold the breakout range; second, whether ETF net inflows can be sustained. If capital continues to flow in, spot buying demand and trend confidence will be further reinforced; if it turns to outflows, pullbacks in chase positions will also happen faster.
Which do you care more about: BTC continuing to hold its breakout level, or whether ETF funds can maintain this inflow momentum?
Figure 1: Bitcoin ETF single-day inflows near $1 billion · News highlights
Image source: https://www.theblockbeats.info/flash/368376
