The inflow of the #binancePizza spot Bitcoin ETF has decreased by over 90% in four weeks, from $3 billion to $228 million.

While strong ETF inflows typically drive Bitcoin prices up, recent data suggests that price movements can occur independently.

Despite strong selling pressure in the short term, long-term BTC whale buying indicates that the BTC upward trend may continue.

The inflow of the spot BTC exchange-traded fund (ETF) in the Bitcoin (BTC) market has decreased by over 90%, from $3 billion in the last week of April to $228 million this week.

Historically, a slowdown in ETF inflows has impacted BTC prices, especially during consecutive weeks of average daily inflows exceeding $1.5 billion. To understand the potential impact on Bitcoin, let's examine four significant phases of spot ETF activity and their correlation with BTC price movements.