Cryptocurrency ETF inflow reaches a new high
Summarized from 5 articles.
ETF Fund Flow Dynamics
Breakthrough Inflows and Adjustments
• Bitcoin ETF annual cumulative net inflow surpasses $20 billion, accounting for half in the last 30 days
• On July 28th, a single-day inflow high of $157.1 million was reached, but on August 1st, a net outflow of $812 million occurred
• Ethereum ETF experienced a brief adjustment after inflowing for 20 consecutive days on August 1st, but overall resilience is stronger
Market Driving Factors
• Macroeconomic: Federal Reserve policy and weak employment data create reverse pressure
• Institutional Demand: Bitcoin ETF daily average inflow of 23 BTC (approximately $2.1 million) shows stable allocation demand
• Technical Support: Ethereum staking yield of 5.2% and growth of the DeFi ecosystem provide fundamental support
Trading Strategy Reference
• Bitcoin: The range of $35,000-$38,000 serves as a window for phased accumulation, breaking above $40,000 will initiate a new round of increase
• Ethereum: $3,700 is the key support level; maintaining this level allows for medium to long-term bullish positioning
• Market Structure Changes: The proportion of altcoin contracts on centralized exchanges has risen to 83%, forming a trend of multi-asset resonance
