US-listed Bitcoin spot ETFs recorded roughly $1.7B of net inflows over the past two trading days, reinforcing institutional demand. Concurrently, BTC moved above the aggregate on-chain holder cost basis, a level often associated with improved holder profitability and reduced near-term sell pressure. The combination supports risk appetite in crypto and can tighten spot liquidity as ETF creations absorb supply.
AI Insight · BTC/USDTAI Insight
▲ Bullish
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Bitcoin exchange-traded funds (ETFs) recorded roughly $1.7 billion in net inflows over the past two trading days. Over the same period, bitcoin’s market price rose and moved above the overall holders’ average cost basis.