Bitcoin ETF｜Don’t just look at “inflows”—look at what the inflows mean

When you see ETF fund inflows, the market usually interprets it straightaway as bullish.

But in fact, fund inflows only mean one thing:

Someone is willing to buy at this price.

What you really need to watch is whether these buy orders can change the market structure.

If the ETF keeps absorbing selling pressure from the market, and the available sell-side supply on exchanges gradually decreases, then over the long term it could form stronger price support.

But if the incoming funds are only short-term trading, the effect could be completely different.

So instead of focusing on a single day’s numbers, I prefer to look at the trend.

Inflow in one day may just be an event—only inflows that persist for weeks, or even a few months, have a chance to truly change the market.
#GUSD年化升至3.8% $BTC ‌