Bitcoin spot ETFs have kept buying for another 7 days—traditional capital this time really hasn’t stopped.
According to SoSoValue data, on September 25 in the U.S. (Eastern Time), Bitcoin spot ETFs saw total net inflows of $134 million. IBIT recorded net inflows of $96.9918 million, and FBTC recorded net inflows of $49.3212 million. Over the past 7 days, cumulative inflows have approached $3 billion. This pace, at the very least, indicates that buy orders in the compliant channels are still active.
Note, however, that daily net inflows are no longer at the high levels seen in the first few days. Whether inflows can keep pushing forward from here depends on whether ETF buying and spot trading can move together.
If you care most about medium-term demand, this streak of continuous net inflows is certainly more like a bullish signal. If you care more about short-term moves, the key is the persistence after any pullback. Which do you focus on more: the “continuous net inflow” itself, or whether subsequent trading activity can continue to take the baton?
Figure 1: Bitcoin spot ETF continuous 7-day net inflows · Source page partial screenshot
Image source: https://www.wublock123.com/news/bitcoin-spot-etf-net-inflow-134m-sept-25-seven-day-streak-69045
According to SoSoValue data, on September 25 in the U.S. (Eastern Time), Bitcoin spot ETFs saw total net inflows of $134 million. IBIT recorded net inflows of $96.9918 million, and FBTC recorded net inflows of $49.3212 million. Over the past 7 days, cumulative inflows have approached $3 billion. This pace, at the very least, indicates that buy orders in the compliant channels are still active.
Note, however, that daily net inflows are no longer at the high levels seen in the first few days. Whether inflows can keep pushing forward from here depends on whether ETF buying and spot trading can move together.
If you care most about medium-term demand, this streak of continuous net inflows is certainly more like a bullish signal. If you care more about short-term moves, the key is the persistence after any pullback. Which do you focus on more: the “continuous net inflow” itself, or whether subsequent trading activity can continue to take the baton?
Figure 1: Bitcoin spot ETF continuous 7-day net inflows · Source page partial screenshot
Image source: https://www.wublock123.com/news/bitcoin-spot-etf-net-inflow-134m-sept-25-seven-day-streak-69045
