Bitcoin ETFs See Inflows, But Broader Market Demand Remains Weak

Bitcoin ETF cryptocurrency

L'essentiel

US spot Bitcoin ETFs saw nearly $500 million in inflows over two trading sessions, ending a streak of outflows.
However, demand in the broader spot market remains weak, indicated by a persistent negative Coinbase Premium Index and negative on-chain demand metrics, suggesting a relief rally rather than confirmed accumulation.

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US spot Bitcoin ETFs saw nearly $500 million in inflows over two trading sessions, ending a streak of outflows. However, demand in the broader spot market remains weak, indicated by a persistent negative Coinbase Premium Index and negative on-chain demand metrics, suggesting a relief rally rather than confirmed accumulation.

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