BTC short-term rally of 0.41%: ETF funds continue to flow in, combined with policy expectations driving short-term strength

May 11, 2026, 15:15 to 15:30 (UTC), BTC’s return within 15 minutes reached +0.41%, with a price range of 80,941.6 to 81,412.8 USDT, an amplitude of 0.58%. Trading volume increased by approximately 23% compared to the previous hour’s average, on-chain active addresses rose by about 35%, market participation significantly increased, and the price experienced a short-term fluctuation.

The main driver of this fluctuation was the continuous inflow of ETF funds. Data shows that on May 10 and May 11, BTC ETFs had net inflows of $532 million and $467 million respectively, with institutional funds becoming the direct push behind the price, and ETF inflows along with spot trading volume rising in tandem to support the price.

Secondly, large on-chain transfers intensified volatility. Between 15:15 and 15:30, approximately 1,250 BTC moved from cold wallets to exchange addresses, including US institutional custody wallets and large Asian mining pools, with exchange hot wallet balances increasing by about 2,100 coins. Additionally, on May 14, the US Senate will review the Digital Asset Market Act, and rising policy expectations prompted some funds to pre-position; meanwhile, the Federal Reserve maintained interest rates at 3.5% to 3.75%, with stable macro liquidity boosting institutional investment willingness. Multiple factors resonated to amplify short-term volatility.

In terms of risks, attention should be paid to potential selling pressure from large BTC transfers to exchanges, and caution against short-term pullbacks; ongoing monitoring of ETF fund flows, large on-chain transfers, and policy developments is necessary.

BTC-0.06%
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