Bitcoin ETFs just logged a seventh straight day of inflows. $BTC is still
sitting around $84K.
That mismatch is more interesting than the inflow headline.
U.S. spot BTC #etf added another $134M on Sept. 25, taking the
seven-session run to roughly $2.9B. But the Coinbase premium has stayed negative, meaning U.S. spot buyers still aren’t paying up versus offshore markets.
So there is a real institutional bid, just not a clean, broad demand
signal yet.
For me, $85K–$87K is the useful test. If $BTC can reclaim that area while the #coinbase premium flips positive, the ETF flow starts looking much more convincing.
If price keeps stalling despite another week of ETF buying, that tells
us the market is absorbing a lot of supply overhead.
Strong flows. Weak confirmation. I wouldn’t chase the headline here.
sitting around $84K.
That mismatch is more interesting than the inflow headline.
U.S. spot BTC #etf added another $134M on Sept. 25, taking the
seven-session run to roughly $2.9B. But the Coinbase premium has stayed negative, meaning U.S. spot buyers still aren’t paying up versus offshore markets.
So there is a real institutional bid, just not a clean, broad demand
signal yet.
For me, $85K–$87K is the useful test. If $BTC can reclaim that area while the #coinbase premium flips positive, the ETF flow starts looking much more convincing.
If price keeps stalling despite another week of ETF buying, that tells
us the market is absorbing a lot of supply overhead.
Strong flows. Weak confirmation. I wouldn’t chase the headline here.
