Matrixport’s recent daily chart analysis highlights that Bitcoin ETFs have garnered an impressive $11.2 billion in fresh inflows over the last eight weeks. Despite this substantial capital influx, Bitcoin’s price appreciation has been relatively restrained, increasing by approximately 10%. This divergence suggests that some investors might be capitalizing on price strength or adopting a cautious stance, awaiting optimal re-entry points.
The underlying bullish sentiment remains robust, as the Bitcoin market has successfully established a solid accumulation base. Notably, ETFs have maintained consistent net inflows without significant withdrawals, indicating sustained investor confidence amid evolving market dynamics.
While MicroStrategy’s pace of Bitcoin accumulation has decelerated compared to the intense buying observed during the Trump election period, the ongoing steady capital injections continue to underpin Bitcoin’s price resilience. This persistent demand underscores the asset’s growing institutional appeal and market stability.