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Spot $BTC ETFs have seen >$300M/day in inflows past week and continue to drive sustained buy-side pressure this week. Yesterday, the 7-day SMA of ETF inflows clocked in at around 2.2K #
BTC
, worth nearly $250M: https://glassno.de/4kfrWg5
#BTC
#ETF
Avertissement : comprend des opinions de tiers. Il ne s’agit pas d’un conseil financier. Peut inclure du contenu sponsorisé.
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Funding rates for $BTC and the 3M rolling basis continue to trend lower. Despite high futures activity, appetite for long exposure is fading, reflecting increased caution and possibly more neutral or short-side positioning.
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$USDT supply on #TRON has surpassed $80B, now representing over 50% of all circulating #USDT. This solidifies TRON’s position as the dominant stablecoin settlement layer. Track stablecoin flows with Glassnode: https://glassno.de/4eoHsUP
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#Bitcoin's Futures volume stayed elevated during the recent push, contrasting with the spot market. This suggests that recent moves were driven more by leveraged speculation than by organic demand.
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Despite recently reaching $111k, $BTC spot volume remains low at $7.7B - well below prior peaks. The lack of volume follow-through weakens the rally's foundation and signals a lack of speculative urgency.
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Realized profit has surpassed $650B in this cycle, exceeding 2020–2022 totals. But profit-taking is cooling after the third major wave, suggesting reduced momentum and waning rotation into strength. Read more in the latest Week On-Chain: https://glassno.de/4lpeC9a
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