Postingan

ETF Demand Is Holding Up. On-Chain Selling Isn't Going Away. Crypto markets are entering an increasingly interesting phase. US spot Bitcoin and Ethereum ETFs collectively attracted roughly $1.1 billion in inflows last week. Yet beneath the surface, the picture is becoming more nuanced. Bitcoin ETFs recently experienced net outflows, while Ethereum ETFs continued attracting fresh capital. At the same time, blockchain data shows large holders and miner wallets continuing to transfer significant amounts of BTC to exchanges. This creates two competing forces. Institutional products continue providing structural demand. On-chain participants continue supplying liquidity. The result is a market increasingly defined by balance rather than momentum. The next major catalyst may not be ETF flows alone. Macro conditions—particularly this week's CPI report—could determine whether institutional demand is strong enough to absorb ongoing selling pressure. The four-year cycle still matters. But the interaction between ETFs, on-chain flows and macro liquidity may matter even more. Do you think ETF demand will continue offsetting on-chain selling through the remainder of this cycle? Share your thoughts below 👇 #BTCETHETFFlowsDiverge