ChainCatcher News: Crypto market analyst Axel posted on social media that data from the past week reveals an increasing gap between institutional demand narratives and actual fund flows. ETF capital inflow momentum remains unstable, while exchange net flows continue to stay positive, with tokens flowing into rather than out of trading platforms. Over the past 7 days, the total net outflow of U.S. spot Bitcoin ETFs reached 11,042 BTC, with only two trading days showing net inflows.
On February 12, a single-day outflow of 6,120 BTC (approximately $416 million) marked the largest outflow day in this period. On February 17 and 18, consecutive trading days saw outflows of 1,520 and 1,980 BTC respectively, indicating that institutional accumulation momentum has yet to form. Meanwhile, supply on trading platforms has continued to increase, with net flows remaining positive since early February, ranging from +391 to +841 BTC over the past week. Today’s figure is +553 BTC, continuing a two-week trend of positive inflows. This contrasts sharply with January, when token outflows from exchanges were consistently negative.
Axel states that both key indicators point in the same direction: over the past week, ETF outflows totaled 11,042 BTC, while supply on trading platforms has continued to grow. Institutional demand has not only failed to absorb the new market supply but has also become an additional source of selling pressure. The establishment of an active accumulation trend requires at least three consecutive days of positive ETF net inflows and sustained negative net flows on trading platforms (indicating tokens are being withdrawn from exchanges for custody and accumulation). The ETF flow over the next 3 to 5 trading days will be a critical variable in determining market direction.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
BTC breaks through $68,000, down 0.72% intraday
Gate News Report, March 7th, BTC broke through the $68,000 mark, down 0.72% for the day.
GateNews52m ago
Bitcoin spot ETF experienced a total net outflow of $349 million yesterday, with none of the twelve ETFs showing net inflow.
On March 6th, Bitcoin spot ETFs experienced a total net outflow of $349 million, with Fidelity ETF FBTC net outflows of $159 million and BlackRock ETF IBIT net outflows of $143 million. The current total net asset value of Bitcoin spot ETFs is $87.075 billion.
GateNews1h ago
Rumble latest financial report: holds 210.82 BTC, Tether commits $150 million for GPU service procurement
Rumble disclosed in its latest financial report that it holds 210.82 Bitcoins and $237.9 million in cash, with liquidity reaching $256.4 million. Tether will pay it $100 million in advertising fees and provide up to $150 million in GPU service procurement commitments to strengthen AI infrastructure collaboration.
GateNews1h ago
Arthur Hayes: The market underestimates the risk of Middle East conflict; AI replacing human labor could trigger a credit crisis
Maelstrom Co-Founder Arthur Hayes warns that the risk of Middle East conflict is underestimated, and disruptions in energy flows could trigger a global economic crisis. He also mentioned that the rapid replacement of labor by artificial intelligence could lead to a credit crisis, calling for attention to liquidity issues in the financial system.
GateNews1h ago
