CryptoQuant: BTC ETF Funding Rebounds, Selling Pressure Eases Significantly

According to data from Darkfost, an analyst at CryptoQuant, a blockchain analytics platform, Bitcoin ETF inflows have rebounded significantly after a period of substantial outflows. While the total Bitcoin balance in ETFs remains negative (approximately -4,000 BTC), this is a significant improvement from the lowest point (-42,000 BTC). Over the past month, ETFs have seen a net inflow of approximately 38,000 BTC, equivalent to about $2.6 billion. Analysts point out that the recovery in ETF demand is a key driver of the recent positive trend in the Bitcoin market. However, with Bitcoin prices still fluctuating within the current range, whether this positive momentum can be sustained depends on the continuation of this trend.