#BTCETF liquidity weakens, with the latest recording of about $463 million in net outflows. Meanwhile, oil prices break through $100, U.S. Treasury yields rise to 5%, and risk assets face overall pressure.
ETF inflows have long been an important support for BTC spot demand; now they have turned to outflows, and institutional buying has clearly been disturbed by the macro environment.
Markus Levin of XYO believes this looks more like a tactical pullback. In the short term, the key focus is whether ETF funds can flow back in again, which will directly affect the strength of the rebound of #BTC .
ETF inflows have long been an important support for BTC spot demand; now they have turned to outflows, and institutional buying has clearly been disturbed by the macro environment.
Markus Levin of XYO believes this looks more like a tactical pullback. In the short term, the key focus is whether ETF funds can flow back in again, which will directly affect the strength of the rebound of #BTC .