![](\"https:\/\/cdn.sanity.io\/images\/s3y3vcno\/production\/7df47bc493288e9906477fe85bd7ea2906e4e186-3200x1800.jpg?fm=jpg&w=1920&h=1080&crop=focalpoint&fit=clip\")
<\/p>\n<\/p>\n
This interpretation is intuitive given that ETFs, which allow investors to gain access to cryptocurrency without directly owning it, are widely seen as a cleaner gateway to the crypto market for institutions. As a result, positive ETF inflows mean that BTC is gaining institutional support, while outflows indicate the opposite.<\/p>\n
Bitcoin price has also recently stabilized between $64,000 and $65,000, giving hope for a bottom. Last October, prices peaked above $126,000.<\/p>\n
From the outside, it seems that the situation has turned around. There’s a big caveat, though, that makes these ETF inflows look more like statistical noise than a structural shift.<\/p>\n
The hype surrounding this $273 million influx pales in comparison to the carnage of the previous eight weeks. During this two-month outflow streak, the market watched billions of dollars go out the door.<\/p>\n
To put the current “recovery” in perspective, the total amount of money that has flowed into the market over the past 14 days ($273 million) is just shy of the smallest one-week outflow recorded during the eight-week slump, which was $226.84 million in the week ended June 18.<\/p>\n
In other words, it took two full weeks of “renewed optimism” to offset the quietest week of the recent selloff.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"
This interpretation is intuitive given that ETFs, which allow investors to gain access to cryptocurrency without directly owning it, are widely seen as a cleaner gateway to the crypto market for institutions. As a result, positive ETF inflows mean that BTC is gaining institutional support, while outflows indicate the opposite. Bitcoin price has also recently …<\/p>\n","protected":false},"author":1,"featured_media":2843,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"","_seopress_social_fb_desc":"","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"","_seopress_social_twitter_desc":"","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"","_seopress_redirections_param":"","_seopress_redirections_type":0,"_seopress_analysis_target_kw":"","footnotes":""},"categories":[10],"tags":[345,435],"class_list":["post-2842","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-etfs"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/xrpfaucet.site\/index.php?rest_route=\/wp\/v2\/posts\/2842","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/xrpfaucet.site\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/xrpfaucet.site\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/xrpfaucet.site\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/xrpfaucet.site\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2842"}],"version-history":[{"count":0,"href":"https:\/\/xrpfaucet.site\/index.php?rest_route=\/wp\/v2\/posts\/2842\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/xrpfaucet.site\/index.php?rest_route=\/wp\/v2\/media\/2843"}],"wp:attachment":[{"href":"https:\/\/xrpfaucet.site\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2842"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/xrpfaucet.site\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2842"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/xrpfaucet.site\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2842"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}