The market flinched, Bitcoin ETFs didn’t – A structural shift you need to watch!

Key Points

1. Bitcoin ETFs have recorded $7.78 billion in net inflows since 09 June, averaging $353.8 million per day, even during BTC price pullbacks.

2. BlackRock's IBIT alone attracted $416 million in gross inflows in a single day, now holding over 700k BTC, surpassing MicroStrategy's treasury.

3. Late May saw $1.3 billion in outflows from Bitcoin ETFs, with IBIT experiencing its first net outflow in over a month, driving BTC to a multi-month low.

4. On-chain data indicates whale activity, with 1,800 BTC deposited to Binance and a 75,000 BTC drop in LTH supply, coinciding with $700 million in ETF inflows.

5. The divergence between ETF inflows and whale selling suggests Bitcoin ETFs are becoming a significant market force, marking a structural change from earlier cycles.