This week, there was over 1 billion dollars in net inflows to Bitcoin spot ETFs. Although the BTC price remains stagnant, institutional investors' confidence remains strong.

While geopolitical tensions in the Middle East increase market volatility, Bitcoin's funding rate is trending positively. This indicates that the bullish trend in derivative markets is continuing.

Despite the recent calm in prices, the continued demand for Bitcoin ETFs indicates that investors see current price levels as a buying opportunity.

Since the beginning of the week, net inflows to Bitcoin spot ETFs have exceeded 1 billion dollars in just three trading days. Thus, ETF funds recorded positive flows for eight consecutive days.

Despite the stagnation in BTC's price, the increasing institutional purchases and the geopolitical risks in the Middle East may signal a change in market sentiment towards long-term accumulation.

Demand for Bitcoin ETFs Exceeded 1 Billion Dollars

According to SosoValue data, Bitcoin-backed ETFs saw a net inflow of 1.02 billion dollars this week. This strong sign of institutional confidence occurred during a period of lackluster price performance and rising geopolitical tensions in the region.

Bitcoin faced resistance around 105,000 dollars for most of the week while finding support at the 103,000 dollar level. The price, which fell to 103,929 dollars on Thursday, closed again around 105,000 dollars.

Although prices are stagnant, demand for spot Bitcoin ETFs has not decreased. Despite fluctuations in daily inflows, the overall trend shows that institutional investors view price declines as buying opportunities.

This situation indicates that while volatility may continue in the short term, confidence in the market remains in the long term.

Traders Maintain Optimism Despite Price Volatility

While Bitcoin's short-term price movements remain calm, on-chain data shows cautious optimism. For example, funding rates in derivative markets are trending positively, indicating that investors are willing to pay to maintain their long positions. Currently, the funding rate is around 0.0066%.

The positive funding rate indicates that traders in long positions are paying those in short positions and that a bullish atmosphere prevails in the market.

In the options market, buy requests are surpassing sell requests, which supports expectations of a price recovery in the short term.

Despite the stagnant price trend, the continuous interest in spot Bitcoin ETFs indicates that institutional investors see current levels as an opportunity and do not perceive market risks as a significant threat yet.

However, it remains uncertain whether this demand will continue; especially geopolitical tensions in the Middle East add new volatility and risk factors to the market.

Currently, Bitcoin is trading at around 105,980 dollars. If the bullish atmosphere strengthens, the price could rise to 107,745 dollars. On the other hand, if demand decreases and bears gain strength, the BTC price could fall to 103,061 dollars.


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