Why Bitcoin Price Isn’t Rising Despite Record ETF Inflows
The post Why Bitcoin Price Isn’t Rising Despite Record ETF Inflows appeared on BitcoinEthereumNews.com. Over the past eight weeks, Bitcoin (BTC) absorbed more than $11.2 billion in ETF (exchange-traded fund) inflows. However, its price has risen only about 10%, far less than many investors expected. The mismatch between capital inflows and price performance has triggered a wave of concern and speculation, reviving memories of BlackRock-Coinbase custody scrutiny. Bitcoin’s Tepid Response to ETF Inflows In a recent post, Matrixport highlighted the mismatch between the BTC price and inflows into spot Bitcoin ETFs over the past eight weeks. “Bitcoin ETFs keep buying — but why isn’t the price surging?” the firm noted. Despite sustained demand from institutional vehicles, Bitcoin’s sluggish response implies that other forces may offset the inflows. The latest 10x Research report echoes that sentiment. In a new report on Thursday, 10X researchers warned of significant, yet largely invisible, selling that may be flowing from long-term holders or early investors. Why Bitcoin Isn’t Rallying—Even After $12 Billion in Inflows Why this report matters Bitcoin has absorbed over $24 billion in demand since mid-April—yet price action has stalled. Something beneath the surface is offsetting those inflows, and few are talking about it. While… pic.twitter.com/cgm7JVy5vz — 10x Research (@10x_Research) June 19, 2025 The subdued reaction has also raised questions about the behavior of high-profile corporate buyers like MicroStrategy (now Strategy). MicroStrategy’s current accumulation pace appears more restrained than its more aggressive purchasing after Donald Trump’s election. This suggests a cautious or distribution-heavy market environment. “Notice how each time they buy, the position amount shrinks drastically (avg, -52%),” financial analyst and Whalewire CEO Jacob King said recently. Meanwhile, the mismatch between Bitcoin ETF inflows and the associated BTC price reaction refreshes concerns about “paper BTC.” In September 2024, BlackRock filed to amend its spot Bitcoin ETF (IBIT) amid concerns over Coinbase’s custodial practices. At the time, some…
The post Why Bitcoin Price Isn’t Rising Despite Record ETF Inflows appeared on BitcoinEthereumNews.com.
Over the past eight weeks, Bitcoin (BTC) absorbed more than $11.2 billion in ETF (exchange-traded fund) inflows. However, its price has risen only about 10%, far less than many investors expected. The mismatch between capital inflows and price performance has triggered a wave of concern and speculation, reviving memories of BlackRock-Coinbase custody scrutiny. Bitcoin’s Tepid Response to ETF Inflows In a recent post, Matrixport highlighted the mismatch between the BTC price and inflows into spot Bitcoin ETFs over the past eight weeks. “Bitcoin ETFs keep buying — but why isn’t the price surging?” the firm noted. Despite sustained demand from institutional vehicles, Bitcoin’s sluggish response implies that other forces may offset the inflows. The latest 10x Research report echoes that sentiment. In a new report on Thursday, 10X researchers warned of significant, yet largely invisible, selling that may be flowing from long-term holders or early investors. Why Bitcoin Isn’t Rallying—Even After $12 Billion in Inflows Why this report matters Bitcoin has absorbed over $24 billion in demand since mid-April—yet price action has stalled. Something beneath the surface is offsetting those inflows, and few are talking about it. While… pic.twitter.com/cgm7JVy5vz — 10x Research (@10x_Research) June 19, 2025 The subdued reaction has also raised questions about the behavior of high-profile corporate buyers like MicroStrategy (now Strategy). MicroStrategy’s current accumulation pace appears more restrained than its more aggressive purchasing after Donald Trump’s election. This suggests a cautious or distribution-heavy market environment. “Notice how each time they buy, the position amount shrinks drastically (avg, -52%),” financial analyst and Whalewire CEO Jacob King said recently. Meanwhile, the mismatch between Bitcoin ETF inflows and the associated BTC price reaction refreshes concerns about “paper BTC.” In September 2024, BlackRock filed to amend its spot Bitcoin ETF (IBIT) amid concerns over Coinbase’s custodial practices. At the time, some…
What's Your Reaction?
