Bitcoin ETF demand is cooling.


US Spot Bitcoin ETFs just recorded second straight day of net outflows, led by BlackRock’s IBIT.
Open interest is falling. Funding is neutral.
This looks less like panic, like the market taking a breather.
The next ETF flow report will be key.
BTC1.19%
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 3
  • 2
  • Share
Comment
Add a comment
Add a comment
DogeNostalgia
· 5h ago
Net outflow for two days does not necessarily mean a trend reversal. A neutral funding rate suggests the market sentiment is stable—let’s see whether subsequent inflows can pick back up.
View OriginalReply0
HeadShoulderWatcher
· 5h ago
IBIT’s continuous outflows do make the bulls nervous, but the larger drop in Open Interest is more about profit-taking than panic selling. The funding rate is neutral, and the market is waiting for new catalysts. If the next ETF flow report turns to net inflows, it could reignite the uptrend; if outflows continue, the correction could deepen. For the short term, a wait-and-see stance is dominant.
View OriginalReply0
FibArtist
· 5h ago
The market is catching its breath—wait for the next report.
View OriginalReply0
  • Pinned