المنشور

865 million USD, with BlackRock alone contributing 694 million. This is the highest weekly net inflow for a US spot Bitcoin ETF in nearly 15 weeks. The money is back, but the market hasn't moved yet. Institutions are buying, retail investors are waiting. Whether BTC and ETH can catch this wave of funds depends on the macroeconomic and risk appetite trends in the coming weeks. BlackRock's IBIT bought 694 million worth of BTC this week. The entire ETF market saw a net inflow of 865 million, a new high in nearly 15 weeks. Ethereum ETFs have also seen net inflows for five consecutive weeks, totaling about 244 million. Institutional funds are indeed flowing back into mainstream assets, and the signal is clear. But whether BTC and ETH can catch this wave of funds and start a rally depends on three things: macro interest rate expectations, market risk appetite, and whether spot trading volume can keep up. ETF fund inflows indicate institutions are buying. But institutions are buying for long-term allocation, not short-term price pumping. At the 65,000 level, institutions won’t all-in push the price to 70,000; instead, they enter in batches within a certain range. Buying pressure is ongoing but not necessarily concentrated in a burst. BTC’s positioning is clearer; it is the largest liquidity carrier in the crypto market, and the first stop for institutions allocating crypto assets is BTC. The ETF inflow data also shows this: out of 865 million, 694 million comes from BTC, accounting for over 80%. BTC’s advantage is strong certainty; its downside is that volatility is converging, so its short-term explosive power is less than ETH’s. ETH has greater elasticity. Vitalik just finalized the underlying upgrade roadmap for the next three to four years, restarting the technical narrative. ETH’s positioning as a key asset downstream of AI is being accepted by the market. Tom Lee’s data shows ETH outperformed DRAM by 55% in the past month. #AIMemorySelloffEases #BTCETHETFInflowsReturn #SpaceXShortCovering