Welcome to the US Crypto News Morning Briefing—your essential rundown of the most important developments in crypto for the day ahead.
Grab a coffee because while Wall Street partys on AI-fueled gains, Bitcoin’s biggest backers are quietly stepping back. Fresh data shows BlackRock’s Bitcoin ETF inflows have plunged, hinting that institutional enthusiasm may be cooling just as the bull market heats up.
The sharp decline in Bitcoin ETF inflow, reported in a recent US Crypto News publication, is raising eyebrows across the crypto market, even as US equities continue their AI-fueled surge.
New data from Glassnode shows that institutional demand for Bitcoin has slowed dramatically, contrasting with the growing euphoria in traditional markets led by technology and infrastructure plays.
According to Glassnode, BlackRock’s spot Bitcoin ETF has seen less than 600 BTC in net weekly inflows over the past three weeks. This represents a significant decline from the 10,000 BTC-plus inflows that have historically preceded major rallies in this cycle.
“Over the past three weeks, BlackRock’s spot BTC ETF has seen less than 0.6k BTC in weekly net inflows. This represents a sharp decline from the> 10,000 BTC net inflow per week that preceded each major rally this cycle, signaling a notable slowdown in institutional demand,” wrote analysts at Glassnode.
The slowdown marks one of the weakest periods of institutional accumulation since the ETF’s launch. The figures suggest that large investors may be taking a breather after months of heavy accumulation.
Bitcoin’s price has struggled to maintain momentum, but has slipped below $110,000, trading at $107,868 as of this writing.
ETF flows are now considered a leading indicator of sentiment among institutional investors.
Despite the soft inflow data, on-chain analysts spotted movement beneath the surface. Whale Insider reported that BlackRock transferred 1,198 BTC, worth approximately $129 million, to Coinbase, suggesting ongoing portfolio realignment or custody adjustments.
Such movements do not necessarily indicate selling. However, they highlight how major asset managers are actively managing exposure amid volatile macro conditions. ETF providers often rebalance or consolidate holdings across custodians as liquidity and demand fluctuate.
