US Spot ETF flows have improved materially from the severe distribution seen through June and early July, when the 7-day average fell toward -5k $BTC per day. Since then, flows have repeatedly returned to positive territory, including a strong burst of accumulation in early August.
The latest reading has again moved marginally positive after a brief return to outflows, suggesting institutional selling pressure has eased considerably, but sustained accumulation has yet to take hold. A more persistent run of positive #etf flows would strengthen the case that regulated spot demand is rebuilding beneath the current consolidation.
HUMA has broken out of the symmetrical triangle pattern with significant volume, signaling strong bullish momentum.
The Ichimoku cloud is acting as a key support zone, showing strength in the current structure. Currently, HUMA looks ready for a potential explosive move🚀